2138 N Taylor Ave · Springfield, MO 65803

$117,000

2 bd · 1.0 ba · 883 sqft · SingleFamily public records · 38 Days on market

Built 1891 6,970 sqft lot $133/sqft · at area comps Est $113k · at est.

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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 +16.4/30.0
• ARV discount +5.8/15.0
• DSCR +5.1/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• 1% rule +3.3/10.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Updated 3-bedroom, 1.5-bath home in the Robberson neighborhood featuring fresh paint, new luxury vinyl plank flooring, and new windows for abundant natural light. Spacious living room with coat closet, functional kitchen with wood cabinetry, tile backsplash, dishwasher, stove, and oven included. Tile flooring in kitchen and laundry room, full bathroom with tub/shower combo, and additional half bath. Large backyard with storage shed and off-street parking for two vehicles.

Key facts

• Functional kitchen
• Large backyard
• Storage shed

Tags

• ROBBERSON NEIGHBORHOOD
• NEW WINDOWS
• FUNCTIONAL KITCHEN
• TILE BACKSPLASH
• LARGE BACKYARD
• STORAGE SHED

Property features AI

Finance

• Other: Square footage: 883 (above-grade finished area)
• Financial info: Tax information provided
• HOA & community: HOA details not specified

Exterior

• Parking: Parking details not specified
• Security: Security features not specified
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story
• Construction: Construction details not specified
• Exterior features: Lot on approximately 0.16 acres; Subdivision: Hobart's

Interior

• Kitchen: Appliances not specified
• Bedrooms: Not specified
• Flooring: Flooring details not specified
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Natural gas heating; Central air conditioning
• Interior features: One-level layout
• Laundry & utility: Laundry details not specified

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $117k.

Deal economics

• At list price, monthly cash flow is $67 ($802/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 $97k (16.8% below list).
• Recommended offer: $97k (16.8% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 4.6% in Springfield — 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 75/100 on livability (#57 in MO, #4,121 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment F.
• Springfield R-XII (urban): math 32% / reading 46% proficiency, ranked #174 of 324 in MO (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Robberson Elem. (math 27% / reading 32%, grade F, #813 of 1,115 statewide, top 75%, 166 students, 89% FRL); Reed Middle (math 33% / reading 44%, grade F, #202 of 391 statewide, top 54%, 512 students, 70% FRL); Hillcrest High (math 9% / reading 35%, grade F, #462 of 521 statewide, top 90%, 1,017 students, 64% FRL) — zoned schools average 74% FRL vs 46% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.2%/yr); 401 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,302 units permitted in Greene County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $809 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Greene County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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.

Risks & watch-outs

• Watch-outs: built in 1891 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $97,372 (16.8% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1891 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.83% ✗
• Cap rate: 6.98%
• Cash-on-cash: 2.45%
• DSCR: 1.11
• GRM: 10.0

CMA / ARV

• ARV (median comp): $112,816
• List price: $117,000
• Delta: 3.71%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2214 N Kellett Ave	0.29mi	2/1.0	840 (-5%)	3mo	$149,900	$178	76
2030 N Fremont Ave	0.35mi	2/1.5	906 (+3%)	3mo	$119,000	$131	75
1112 E Dale St	0.11mi	2/1.0	988 (+12%)	1mo	$114,900	$116	74
2111 N Rogers Ave	0.24mi	2/1.0	962 (+9%)	1mo	$165,000	$172	73
2036 N Prospect Ave	0.24mi	2/1.0	976 (+10%)	1mo	$125,000	$128	71
2160 N Kellett Ave	0.28mi	2/1.0	964 (+9%)	2mo	$104,900	$109	70
2310 N Pierce Ave	0.41mi	2/1.0	976 (+10%)	1mo	$14,900	$15	62
1601 N Rogers Ave	0.66mi	2/1.0	840 (-5%)	3mo	$129,900	$155	59
1012 E Talmage St	0.56mi	2/1.0	960 (+9%)	2mo	$139,000	$145	57
2632 N Kellett Ave	0.67mi	3/1.0 (+1)	938 (+6%)	3mo	$99,000	$106	51
1433 E Commercial St	0.54mi	2/1.0	1,008 (+14%)	1mo	$124,900	$124	50
1719 N Weller	0.66mi	2/1.0	768 (-13%)	3mo	$129,000	$168	45

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 · 4.24% rent growth · sell at horizon

5-year hold

• IRR: -11.3%
• Equity multiple: 0.59×
• Total profit: $-13,521
• Equity at exit: $17,445

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-1,320
• Equity at exit: $10,116

Cash invested: $32,760 (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 65803

• Home prices YoY: -29.8%
• Rents YoY: 4.2%
• Active inventory: 401
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $974 high
• Mortgage (P&I): −$614
• Tax from tax record: −$40 /mo · $481/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$204
• Net cashflow: $67

Break-even live

Break-even rent $889

Max offer price $117,000

Occupancy floor 88%

Sensitivity live

Price	-10% $133	-5% $100	+0% $67	+5% $34	+10% $1
Rent	-10% $-10	-5% $28	+0% $67	+5% $105	+10% $144
Rate	-1.0pp $126	-0.5pp $97	base $67	+0.5pp $37	+1.0pp $6

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: $29,250
• Closing costs: $3,510
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2234 N Travis Ave Springfield, MO	1.0	1.0	890	$750	$0.84	45d	1	0.18mi
2054 N Rogers Ave Springfield, MO	2.0	1.0	888	$925	$1.04	15d	1	0.28mi
2337 N Ramsey Ave Springfield, MO	2.0	1.0	882	$875	$0.99	15d	1	0.29mi
2313 N Rogers Ave Unit 1 Springfield, MO	2.0	2.0	882	$950	$1.08	15d	1	0.33mi
2345 N Prospect Ave Springfield, MO	2.0	1.0	792	$850	$1.07	15d	1	0.34mi
805 E Garfield St Springfield, MO	2.0	1.0	950	$950	$1.00	15d	1	0.39mi
2346 N Kellett Ave Apt B Springfield, MO	1.0	1.0	550	$825	$1.50	45d	1	0.39mi
1447 E Oakwood Ln Springfield, MO	2.0	2.0	982	$1,395	$1.42	45d	1	0.45mi
2034 N Washington Ave Springfield, MO	2.0	1.0	800	$875	$1.09	45d	1	0.51mi
1636 N National Ave Springfield, MO	3.0	1.5	1000	$995	$0.99	45d	1	0.53mi
2337 N Delaware Ave Springfield, MO	2.0	1.0	876	$1,195	$1.36	45d	1	0.57mi
1112 E Locust St Springfield, MO	2.0	1.0	840	$945	$1.12	25d	1	0.61mi
1501 E Blaine St Springfield, MO	2.0	1.0	958	$695	$0.73	25d	1	0.64mi
407 E Dale St Apt B Springfield, MO	2.0	1.0	720	$795	$1.10	15d	1	0.70mi
716 E Locust St Unit A Springfield, MO	2.0	1.0	915	$850	$0.93	25d	1	0.73mi
1529 N Weller Ave Springfield, MO	2.0	1.0	870	$995	$1.14	25d	1	0.77mi
317 E Chase St Springfield, MO	2.0	2.0	915	$1,100	$1.20	45d	1	0.82mi
1710 E Commercial St Unit B Springfield, MO	2.0	1.0	950	$775	$0.82	45d	1	0.84mi
1623 N Jefferson Ave Unit B Springfield, MO	1.0	1.0	750	$950	$1.27	45d	1	0.92mi
2230 N Campbell Ave Springfield, MO	2.0	1.0	1084	$1,095	$1.01	45d	1	0.94mi
1306 N Frisco Ave Apt A Springfield, MO	2.0	1.5–2.0	970	$995	$1.03	15d	19	0.94mi
1409 N Washington Ave Springfield, MO	2.0	1.0	839	$1,405	$1.67	15d	2	0.99mi
203 W Commercial St Unit 2F Springfield, MO	2.0	1.0	1000	$1,150	$1.15	23d	1	1.00mi
1530 N Robberson Ave Springfield, MO	3.0	2.0	1122	$1,425	$1.27	45d	1	1.00mi
2940 N East Ave Springfield, MO	2.0	2.0	915	$700	$0.77	15d	1	1.03mi
1246 E Norton Rd Springfield, MO	1.0	1.0	650	$595	$0.92	45d	1	1.06mi
3000 N Kentwood Ave Springfield, MO	1.0	1.0	650	$650	$1.00	15d	1	1.12mi
1034 E McCanse St Springfield, MO	3.0	1.0	910	$1,150	$1.26	25d	1	1.19mi
2850 N Campbell Ave Apt S Springfield, MO	1.0	1.0	727	$750	$1.03	45d	1	1.29mi
603 W Division St Springfield, MO	2.0	1.0	816	$995	$1.22	15d	1	1.33mi
2650 N Barnes Ave Apt C22 Springfield, MO	2.0	2.0	1100	$1,000	$0.91	45d	1	1.46mi

Listing history 23 events

1. 2026-06-22
   days on market $117,000 Active 38 DOM
2. 2026-06-18
   days on market $117,000 Active 35 DOM
3. 2026-06-17
   days on market $117,000 Active 34 DOM
4. 2026-06-16
   days on market $117,000 Active 33 DOM
5. 2026-06-15
   days on market $117,000 Active 32 DOM
6. 2026-06-14
   days on market $117,000 Active 30 DOM
7. 2026-06-10
   days on market $117,000 Active 27 DOM
8. 2026-06-09
   days on market $117,000 Active 26 DOM
9. 2026-06-08
   days on market $117,000 Active 25 DOM
10. 2026-06-07
    days on market $117,000 Active 24 DOM
11. 2026-06-03
    days on market $117,000 Active 20 DOM
12. 2026-06-02
    days on market $117,000 Active 19 DOM
13. 2026-06-01
    days on market $117,000 Active 18 DOM
14. 2026-05-31
    days on market $117,000 Active 17 DOM
15. 2026-05-30
    days on market $117,000 Active 16 DOM
16. 2026-05-14
    listed $117,000 Active 476-char remark
17. 2024-11-08
    historical $995
18. 2024-08-06
    price $995
19. 2024-07-17
    price $1,095
20. 2024-07-16
    listed $995
21. 2024-01-26
    historical $995
22. 2023-12-24
    listed $995
23. 2004-04-09
    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: $481 · $40/mo
• Projected year-2 tax: $1,135 · $95/mo
• Expected delta: +$654/yr (+$55/mo · 136.0%)

ⓘ 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 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,685
• − Mortgage interest: −$6,554
• − Property taxes: −$481
• − Insurance: −$585
• − Repairs & maintenance: −$935
• − Management: −$935
• − Depreciation: −$3,404
• Taxable loss: −$1,208
• Est. tax savings @ 24.0%: +$290
• After-tax cash flow: $1,092/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: Springfield R-XII
• NCES district ID: 2928860
• Math proficiency: 32% ▼ -2.00%
• Reading proficiency: 46% ▼ -3.00%
• Median HH income: $37,886
• Composite: 32.45/100
• National rank: #5717
• State rank: #174 of 324 in MO

Livability — Springfield

• Score: 75/100
• State rank: #57
• US rank: #4121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springfield, MO
• County: Greene County · 244,327 people
• City population: 223,044
• Metro: Springfield, MO
• Population (ZIP): 42,882
• Household income: $50,572
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1305.0

Population outlook (Greene County) Hauer SSP2

• Today (2025): 319,054 people
• By 2030: 335,135 · +5.0%
• By 2040: 366,186 · +14.8%
• By 2050: 397,431 · +24.6%
• By 2075: 477,035 · +49.5%
• By 2100: 520,828 · +63.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 9% Hispanic / Latino 6% Black 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Italian 2% Iranian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Greene

• 2024 margin: Strong R (+20.8) · D 38.9% · R 59.7% · Other 1.4%
• 2008→2024 swing: -5.0pp toward R · 2008: -15.8pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+20.1 2016: R+27.4 2012: R+24.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.08%
• Current HPI: 205.0439
• Rent YoY: ▲ 4.24%
• Metro: Springfield, MO
• 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

+10584.9% since first listed

8 events — show timeline

• 2026-05-14 Listed $117,000 SOMO
• 2024-11-08 Rental Removed $995 APPFOLIO
• 2024-08-06 Price Changed $995 APPFOLIO
• 2024-07-17 Price Changed $1,095 APPFOLIO
• 2024-07-16 Listed for Rent $995 APPFOLIO
• 2024-01-26 Rental Removed $995 APPFOLIO
• 2023-12-24 Listed for Rent $995 APPFOLIO
• 2004-04-09 Sold (Public Records) — Public Records

Property tax history

+4.5%/yr

Latest (2025): $481 · +48.1% YoY. Source: county tax records.