10143 E Golf Ave · Independence, MO 64053

$119,900

3 bd · 1.0 ba · 995 sqft · SingleFamily public records · 11 Days on market

Built 1919 0.31 ac lot $121/sqft · at area comps Est $137k · 13% under

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Why this score? — see what drove the B- 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 +21.3/30.0
• ARV discount +13.2/15.0
• Appreciation +10.0/10.0
• DSCR +6.8/10.0
• 1% rule +4.6/10.0
• Livability +4.1/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

So much potential here! Cute bungalow sitting on . 31 acres waiting for your TLC. Fenced backyard. Eligible for 25-year tax abatement Selling in it's present condition, no repairs to be made by seller. Electric panel needs servicing/currently turned off . . . bring your flash lights. Water off as well. City tagged home as uninhabitable due to electric/water being turned off. Eligible for City of Independence 353 Tax Abatement. See supplements.

Key facts

• Cozy kitchen
• Ample cabinetry
• Large level lot

Tags

• SUN-FILLED LIVING ROOM
• COZY KITCHEN
• AMPLE CABINETRY
• LARGE LEVEL LOT
• DETACHED GARAGE
• LONG DRIVEWAY

Property features AI

Finance

• Other: Living area reported as 1,135 (source: public records)
• Financial info: Annual tax amount listed
• HOA & community: No association fees

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Attached property; Ranch style
• Construction: Composition roof; Other construction materials; Home age: 76–100 years
• Exterior features: Porch; Level lot

Interior

• Kitchen: Refrigerator; Free-standing electric oven
• Bedrooms: Three bedrooms (all on the first floor)
• Flooring: Carpet; Wood
• Bathrooms: One full bathroom
• Heating & cooling: Electric heating; Natural gas heating; Electric cooling
• Interior features: Ranch floor plan; Basement (other)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $177 ($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 $115k (4.0% below list).
• Recommended offer: $115k (4.0% below list) — sets the bar for 1% rule.
• Cap rate 8.1% vs local median 5.0% in Independence — 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 82/100 on livability (#10 in MO, #1,296 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, employment D+, crime F.
• Independence 30 (suburban): math 26% / reading 38% proficiency, ranked #252 of 324 in MO (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 45 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($829 loan paydown + $12k appreciation (10.0% local appreciation)).
• Jackson County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $24k; list at $120k implies a 402% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $115,049 (4.0% below list)

Questions for the listing agent

1. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.96% ✗
• Cap rate: 8.06%
• Cash-on-cash: 6.31%
• DSCR: 1.28
• GRM: 8.7

CMA / ARV

• ARV (median comp): $137,272
• List price: $119,900
• Delta: -12.65%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
823 S Huttig Ave	0.14mi	3/2.0	1,052 (+6%)	2mo	$76,000	$72	78
10143 E Golf Ave	0.00mi	3/1.0	1,135 (+14%)	0mo	$119,900	$106	76
10515 E Lake Dr	0.19mi	3/1.0	913 (-8%)	1mo	$165,000	$181	76
1600 S Ralston Ave	0.54mi	3/1.0	1,025 (+3%)	2mo	$150,000	$146	68
578 S Oxford Ave	0.72mi	3/1.0	990 (-0%)	2mo	$89,000	$90	64
809 S Carlisle Ave	0.48mi	2/1.0 (-1)	950 (-4%)	2mo	$180,000	$189	64
1515 S Home Ave	0.44mi	3/1.5	1,104 (+11%)	0mo	$150,000	$136	59
566 S Overton Ave	0.54mi	2/1.0 (-1)	940 (-6%)	3mo	$90,000	$96	58
1514 S Cedar Ave	0.44mi	2/2.0 (-1)	883 (-11%)	3mo	$145,000	$164	49
536 S Evanston Ave	0.61mi	3/1.0	1,144 (+15%)	0mo	$140,000	$122	46
556 S Carlisle Dr	0.59mi	2/2.0 (-1)	874 (-12%)	0mo	$155,000	$177	43
1529 S Harvard Ave	0.73mi	3/1.0	852 (-14%)	2mo	$156,000	$183	40

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.8%
• Equity multiple: 3.28×
• Total profit: $76,504
• Equity at exit: $108,015

10-year hold

• IRR: 25.1%
• Equity multiple: 7.44×
• Total profit: $216,366
• Equity at exit: $232,939

Cash invested: $33,572 (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 64053

• Home prices YoY: 17.9%
• Active inventory: 45
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,150 high
• Mortgage (P&I): −$629
• Tax from tax record: −$54 /mo · $643/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $177

Break-even live

Break-even rent $927

Max offer price $119,900

Occupancy floor 80%

Sensitivity live

Price	-10% $244	-5% $210	+0% $177	+5% $143	+10% $109
Rent	-10% $86	-5% $131	+0% $177	+5% $222	+10% $267
Rate	-1.0pp $237	-0.5pp $207	base $177	+0.5pp $145	+1.0pp $114

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10522 E 10th St S Independence, MO	2.0	1.0	1020	$1,099	$1.08	24d	1	0.21mi
10561 E Lake Dr Independence, MO	2.0	1.0	800	$1,000	$1.25	44d	1	0.26mi
9528 E Winner Rd Independence, MO	1.0–3.0	1.0	730	$1,099	$1.51	44d	1	0.44mi
563 S Ash Ave Unit 3 Independence, MO	2.0	1.0	650	$950	$1.46	3d	1	0.46mi
1712 S Ash Ave Independence, MO	2.0	1.0	800	$945	$1.18	44d	1	0.56mi
1712 S Ash Ave Unit 1714-3 Independence, MO	2.0	1.0	700	$895	$1.28	24d	1	0.56mi
600 S Glenwood Ave Unit F Independence, MO	2.0	1.0	750	$995	$1.33	21d	1	0.66mi
576 S Oxford Ave Independence, MO	3.0	2.0	1098	$1,400	$1.28	44d	1	0.74mi
1704 S Brookside Ave Independence, MO	4.0	1.0	834	$1,450	$1.74	15d	1	0.81mi
10714 E 19th St S Independence, MO	2.0	1.0	1010	$895	$0.89	4d	1	0.82mi
530 Sundown Dr Independence, MO	2.0	1.0	450	$1,029	$2.29	2d	13	0.88mi
10323 E 20th St S Independence, MO	3.0	1.0	936	$1,400	$1.50	44d	1	0.92mi
11601 E US Highway 24 Apt DA Independence, MO	2.0	1.0	900	$1,400	$1.56	44d	1	1.05mi
1810 S Vermont Ave Independence, MO	2.0	1.0	950	$948	$1.00	44d	1	1.07mi
2222 S Overton Ave Independence, MO	2.0	1.0	800	$1,025	$1.28	22d	1	1.11mi
11616 E 16th St S Independence, MO	2.0	1.0	1016	$1,125	$1.11	44d	1	1.13mi
8705 E Smart Ave Independence, MO	2.0	1.0	750	$1,000	$1.33	44d	1	1.35mi
2503 S Crescent Ave Independence, MO	2.0	2.0	864	$1,295	$1.50	17d	1	1.37mi

Listing history 8 events

1. 2026-05-12
   status Pending 888-char remark
2. 2026-05-01
   listed $119,900 Active 888-char remark
3. 2019-12-02
   soldstatus $23,878
4. 2014-12-01
   soldstatus
5. 2014-11-26
   soldstatus 448-char remark

   Show marketing remark (448 chars)

   So much potential here! Cute bungalow sitting on . 31 acres waiting for your TLC. Fenced backyard. Eligible for 25-year tax abatement Selling in it's present condition, no repairs to be made by seller. Electric panel needs servicing/currently turned off . . . bring your flash lights. Water off as well. City tagged home as uninhabitable due to electric/water being turned off. Eligible for City of Independence 353 Tax Abatement. See supplements.

6. 2013-08-09
   listed $20,000 448-char remark

   Show marketing remark (448 chars)

   So much potential here! Cute bungalow sitting on . 31 acres waiting for your TLC. Fenced backyard. Eligible for 25-year tax abatement Selling in it's present condition, no repairs to be made by seller. Electric panel needs servicing/currently turned off . . . bring your flash lights. Water off as well. City tagged home as uninhabitable due to electric/water being turned off. Eligible for City of Independence 353 Tax Abatement. See supplements.

7. 2010-01-12
   soldstatus
8. 1990-08-31
   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: $643 · $54/mo
• Projected year-2 tax: $1,163 · $97/mo
• Expected delta: +$520/yr (+$43/mo · 80.8%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°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: $13,806
• − Mortgage interest: −$6,716
• − Property taxes: −$643
• − Insurance: −$600
• − Repairs & maintenance: −$1,104
• − Management: −$1,104
• − Depreciation: −$3,488
• Taxable income: $150
• Est. tax owed @ 24.0%: −$36
• After-tax cash flow: $2,083/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: Independence 30
• NCES district ID: 2915480
• Math proficiency: 26% ▼ -8.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $41,843
• Composite: 27.04/100
• National rank: #7054
• State rank: #252 of 324 in MO

Livability — Independence

• Score: 82/100
• State rank: #10
• US rank: #1296

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Independence, MO
• County: Jackson County · 687,798 people
• City population: 117,675
• Metro: Kansas City, MO-KS
• Population (ZIP): 6,775
• Household income: $47,285
• Rent vs Own: 47.3% rent · 52.7% own
• Severe rent burden: 330.0

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 0.57)
• Race & ethnicity: White 59% Hispanic / Latino 28% Two or more races 14% Black 9% Native American 3%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 12% Lithuanian 3% Slovak 1%
• Foreign-born: 12% · Canada, China
• Languages at home: 78% English-only · Spanish 21%

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: ▲ 52.69%
• Current HPI: 347.9512
• 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

+499.5% since first listed

9 events — show timeline

• 2026-06-16 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2026-05-12 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-05-01 Listed $119,900 Heartland MLS as Distributed by MLS Grid
• 2019-12-02 Sold (Public Records) $23,878 Public Records
• 2014-12-01 Sold (Public Records) — Public Records
• 2014-11-26 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2013-08-09 Listed $20,000 Heartland MLS as Distributed by MLS Grid
• 2010-01-12 Sold (Public Records) — Public Records
• 1990-08-31 Sold (Public Records) — Public Records

Property tax history

-1.9%/yr

Latest (2025): $643 · -46.3% YoY. Source: county tax records.