307 White Ave · Kansas City, MO 64123

$150,000

3 bd · 1.0 ba · 1,205 sqft · SingleFamily public records · 129 Days on market

Built 1913 3,484 sqft lot $124/sqft · 38% above area Est $126k · 19% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.1/30.0
• DSCR +5.7/10.0
• 1% rule +3.9/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well maintained 4 bedroom, 2 bath home perfect for first time homebuyers or investors! This move in ready property features extensive updates throughout, including and HVAC system less than six months old, all new plumbing (including main stack, water lines to sinks and showers), and brand new plumbing fixtures, vanities, and showers. The home also boasts a brand new electrical panel, new outlets and switches, and beautifully tiled bathrooms. Enjoy refinished original hardwood floors, carpet just one year old, and fresh interior paint throughout. The kitchen includes a refrigerator and oven. Additional highlights include a walk out basement with a bonus bedroom and a fully fenced yard. Conveniently located with easy access to grocery stores, restaurants, and major highways.

Key facts

• New plumbing
• Tiled bathrooms
• New electrical panel

Tags

• HVAC SYSTEM
• NEW PLUMBING
• NEW ELECTRICAL PANEL
• TILED BATHROOMS
• WALK OUT BASEMENT
• FULLY FENCED YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $131 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $134k (10.9% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 3.9% in Kansas City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#28 in MO, #2,671 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime F.
• Kansas City 33 (urban): math 12% / reading 24% proficiency, ranked #308 of 324 in MO (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 59 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 129 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.75%
• DSCR: 1.17
• GRM: 9.4

CMA / ARV

• ARV (median comp): $126,431
• List price: $150,000
• Delta: 18.64%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
322 Barat Ave	0.08mi	2/1.0 (-1)	1,274 (+6%)	4mo	$135,000	$106	79
115 White Ave	0.10mi	3/2.0	1,084 (-10%)	0mo	$85,000	$78	74
421 Hardesty Ave	0.42mi	3/1.5	1,172 (-3%)	2mo	$99,500	$85	72
409 Lawndale Ave	0.24mi	2/1.0 (-1)	1,100 (-9%)	4mo	$75,000	$68	66
317 Topping Ave	0.15mi	3/2.0	1,064 (-12%)	8mo	$174,900	$164	63
6011 E 8th St	0.54mi	3/1.5	1,250 (+4%)	6mo	$175,000	$140	62
5217 Wilburn Ct	0.54mi	3/1.5	1,248 (+4%)	8mo	$189,900	$152	60
137 Chelsea Ave	0.71mi	2/1.0 (-1)	1,190 (-1%)	6mo	$69,900	$59	55
345 N Denver Ave	0.64mi	3/1.0	1,306 (+8%)	5mo	$129,900	$99	52
314 N Topping Ave	0.36mi	2/1.5 (-1)	1,032 (-14%)	3mo	$124,900	$121	50
5202 Saida Ave	0.74mi	4/1.0 (+1)	1,133 (-6%)	9mo	$140,000	$124	43
110 N Brighton Ave	0.69mi	3/2.0	1,350 (+12%)	8mo	$240,000	$178	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-15,997
• Equity at exit: $22,365

10-year hold

• IRR: -1.2%
• Equity multiple: 0.92×
• Total profit: $-3,364
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 64123

• Home prices YoY: -8.3%
• Active inventory: 59
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,337 high
• Mortgage (P&I): −$787
• Tax from tax record: −$76 /mo · $906/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $131

Break-even live

Break-even rent $1,170

Max offer price $150,000

Occupancy floor 85%

Sensitivity live

Price	-10% $216	-5% $174	+0% $131	+5% $89	+10% $46
Rent	-10% $26	-5% $78	+0% $131	+5% $184	+10% $237
Rate	-1.0pp $207	-0.5pp $169	base $131	+0.5pp $92	+1.0pp $53

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
303 White Ave Unit 2 Kansas City, MO	2.0	1.0	1060	$950	$0.90	11d	1	0.02mi
135 Lawndale Ave Kansas City, MO	3.0	2.0	920	$1,500	$1.63	8d	1	0.23mi
216 N Wheeling Ave Kansas City, MO	3.0	2.0	1474	$1,495	$1.01	20d	1	0.25mi
216 N Wheeling Ave Kansas City, MO	3.0	2.0	1474	$1,495	$1.01	16d	1	0.25mi
445 N Lawndale Ave Kansas City, MO	2.0	1.0	700	$1,200	$1.71	24d	1	0.56mi
5213 Wilburn Ct Kansas City, MO	3.0	1.0	1274	$1,375	$1.08	21d	1	0.57mi
6011 E 11th St Kansas City, MO	3.0	1.0	900	$1,200	$1.33	16d	1	0.75mi
218 N Elmwood Ave Kansas City, MO	4.0	2.0	1184	$1,500	$1.27	44d	1	0.97mi
815 Elmwood Ave Kansas City, MO	3.0	1.5	1302	$1,600	$1.23	15d	1	1.06mi
3921 Norledge Ave Unit 2E Kansas City, MO	2.0	1.0	900	$950	$1.06	44d	1	1.35mi

Listing history 22 events

1. 2026-06-18
   days on market $150,000 Active 129 DOM
2. 2026-06-17
   days on market $150,000 Active 128 DOM
3. 2026-06-16
   days on market $150,000 Active 127 DOM
4. 2026-06-15
   days on market $150,000 Active 126 DOM
5. 2026-06-13
   days on market $150,000 Active 124 DOM
6. 2026-06-09
   days on market $150,000 Active 120 DOM
7. 2026-06-08
   days on market $150,000 Active 119 DOM
8. 2026-06-07
   pricedays on market $150,000 Active 118 DOM
9. 2026-06-05
   days on market $155,000 Active 115 DOM
10. 2026-06-03
    days on market $155,000 Active 114 DOM
11. 2026-06-02
    days on market $155,000 Active 113 DOM
12. 2026-06-01
    days on market $155,000 Active 112 DOM
13. 2026-05-31
    days on market $155,000 Active 111 DOM
14. 2026-05-15
    price $155,000 785-char remark

    Show marketing remark (785 chars)

    Well maintained 4 bedroom, 2 bath home perfect for first time homebuyers or investors! This move in ready property features extensive updates throughout, including and HVAC system less than six months old, all new plumbing (including main stack, water lines to sinks and showers), and brand new plumbing fixtures, vanities, and showers. The home also boasts a brand new electrical panel, new outlets and switches, and beautifully tiled bathrooms. Enjoy refinished original hardwood floors, carpet just one year old, and fresh interior paint throughout. The kitchen includes a refrigerator and oven. Additional highlights include a walk out basement with a bonus bedroom and a fully fenced yard. Conveniently located with easy access to grocery stores, restaurants, and major highways.

15. 2026-04-02
    price $160,000 785-char remark

    Show marketing remark (785 chars)

    Well maintained 4 bedroom, 2 bath home perfect for first time homebuyers or investors! This move in ready property features extensive updates throughout, including and HVAC system less than six months old, all new plumbing (including main stack, water lines to sinks and showers), and brand new plumbing fixtures, vanities, and showers. The home also boasts a brand new electrical panel, new outlets and switches, and beautifully tiled bathrooms. Enjoy refinished original hardwood floors, carpet just one year old, and fresh interior paint throughout. The kitchen includes a refrigerator and oven. Additional highlights include a walk out basement with a bonus bedroom and a fully fenced yard. Conveniently located with easy access to grocery stores, restaurants, and major highways.

16. 2026-02-09
    listed $165,000 Active 785-char remark

    Show marketing remark (785 chars)

    Well maintained 4 bedroom, 2 bath home perfect for first time homebuyers or investors! This move in ready property features extensive updates throughout, including and HVAC system less than six months old, all new plumbing (including main stack, water lines to sinks and showers), and brand new plumbing fixtures, vanities, and showers. The home also boasts a brand new electrical panel, new outlets and switches, and beautifully tiled bathrooms. Enjoy refinished original hardwood floors, carpet just one year old, and fresh interior paint throughout. The kitchen includes a refrigerator and oven. Additional highlights include a walk out basement with a bonus bedroom and a fully fenced yard. Conveniently located with easy access to grocery stores, restaurants, and major highways.

17. 2025-08-20
    historical $1,200
18. 2025-08-18
    listed $1,200
19. 2024-02-27
    soldstatus
20. 2024-02-27
    soldstatus
21. 2024-02-27
    soldstatus
22. 2024-02-27
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $906 · $76/mo
• Projected year-2 tax: $1,455 · $121/mo
• Expected delta: +$549/yr (+$46/mo · 60.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,039
• − Mortgage interest: −$8,402
• − Property taxes: −$906
• − Insurance: −$750
• − Repairs & maintenance: −$1,283
• − Management: −$1,283
• − Depreciation: −$4,364
• Taxable loss: −$950
• Est. tax savings @ 24.0%: +$228
• After-tax cash flow: $1,803/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Kansas City 33
• NCES district ID: 2916400
• Math proficiency: 12% ▼ -8.00%
• Reading proficiency: 24% ▬ 0.00%
• Median HH income: $35,227
• Composite: 14.8/100
• National rank: #9387
• State rank: #308 of 324 in MO

Livability — Kansas City

• Score: 78/100
• State rank: #28
• US rank: #2671

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kansas City, MO
• County: Jackson County · 687,798 people
• City population: 439,467
• Metro: Kansas City, MO-KS
• Population (ZIP): 11,833
• Household income: $54,443
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 338.0

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 719,589 people
• By 2030: 731,456 · +1.6%
• By 2040: 746,689 · +3.8%
• By 2050: 749,289 · +4.1%
• By 2075: 736,227 · +2.3%
• By 2100: 668,210 · -7.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 48% White 34% Two or more races 25% Black 10% Asian 5% Native American 2%
• Hispanic origin (detail): Mexican 37% Puerto Rican 1% Cuban 3%
• Common ancestry: Italian 2% Arab 2% Romanian 1%
• Foreign-born: 22% · Canada, Vietnam, Philippines
• Languages at home: 58% English-only · Spanish 35% Arabic 2% Vietnamese 1%

Political lean MEDSL · Jackson

• 2024 margin: D (+19.3) · D 58.9% · R 39.5% · Other 1.6%
• 2008→2024 swing: -6.1pp toward R · 2008: 25.4pp · 2024: 19.3pp
• All cycles: 2024: D+19.3 2020: D+22.0 2016: D+16.6 2012: D+19.0 2008: D+25.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.35%
• Current HPI: 392.4402
• Rent YoY: —
• Metro: Kansas City, MO-KS
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+12816.7% since first listed

9 events — show timeline

• 2026-05-15 Price Changed $155,000 Heartland MLS as Distributed by MLS Grid
• 2026-04-02 Price Changed $160,000 Heartland MLS as Distributed by MLS Grid
• 2026-02-09 Listed $165,000 Heartland MLS as Distributed by MLS Grid
• 2025-08-20 Rental Removed $1,200 REDFIN
• 2025-08-18 Listed for Rent $1,200 REDFIN
• 2024-02-27 Sold (Public Records) — Public Records
• 2024-02-27 Sold (Public Records) — Public Records
• 2024-02-27 Sold (Public Records) — Public Records
• 2024-02-27 Sold (Public Records) — Public Records

Property tax history

+5.6%/yr

Latest (2025): $906 · -4.2% YoY. Source: county tax records.