4907 Walrond Ave · Kansas City, MO 64130

$35,000

3 bd · 1.0 ba · 1,179 sqft · SingleFamily public records · 65 Days on market

Built 1914 4,908 sqft lot $30/sqft · 61% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bungalow situated in an established neighborhood ready for your touches and imagination to make it shine again. Close to highway access, shopping and sporting events. Home is sold as is.

Key facts

• 4,908 sq ft lot
• Built 1914
• Listed 65 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $883 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $33k (6.0% below list) — sets the bar for market timing.
• Cap rate 36.6% 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: Rents rising fast (+4.4%/yr); 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 4,002 units permitted in Jackson County in 2024 (2,271 in 5+ unit buildings).
• This rent runs 40% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 4.4% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 23y ago; this cycle's ask has dropped $5k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1914 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $32,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1914 — 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. 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: 4.01% ✓
• Cap rate: 36.57%
• Cash-on-cash: 108.12%
• DSCR: 5.81
• GRM: 2.1

CMA / ARV

• ARV (median comp): $88,723
• List price: $35,000
• Delta: -60.55%
• 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
4935 College Ave	0.09mi	3/1.0	1,216 (+3%)	4mo	$79,900	$66	87
4948 College Ave	0.10mi	3/1.0	1,134 (-4%)	3mo	$129,900	$115	86
5009 Bellefontaine Ave	0.14mi	3/1.0	1,082 (-8%)	1mo	$118,900	$110	78
4916 Wabash Ave	0.46mi	3/1.0	1,231 (+4%)	4mo	$125,000	$102	68
3507 E 45th Ter	0.48mi	3/1.0	1,223 (+4%)	12mo	$99,900	$82	62
4427 Agnes Ave	0.59mi	3/1.0	1,100 (-7%)	2mo	$69,900	$64	60
4511 Norton St	0.74mi	3/2.0	1,164 (-1%)	1mo	$139,000	$119	59
4520 Chestnut Ave	0.54mi	3/2.0	1,088 (-8%)	3mo	$94,900	$87	56
4027 E 45th St	0.73mi	4/1.0 (+1)	1,107 (-6%)	1mo	$165,000	$149	50
2921 E 54th St	0.63mi	2/1.5 (-1)	1,242 (+5%)	11mo	$67,000	$54	45
3819 E 53rd Ter	0.72mi	3/2.0	1,103 (-6%)	13mo	$124,000	$112	41
4338 Indiana Ave	0.66mi	2/1.0 (-1)	1,012 (-14%)	0mo	$150,000	$148	40

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 · 4.42% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.37×
• Total profit: $52,607
• Equity at exit: $5,219

10-year hold

• IRR: —
• Equity multiple: 13.94×
• Total profit: $126,844
• Equity at exit: $3,026

Cash invested: $9,800 (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 64130

• Home prices YoY: -21.5%
• Rents YoY: 4.4%
• Active inventory: 187
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $1,402 high
• Mortgage (P&I): −$184
• Tax from tax record: −$26 /mo · $316/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $883

Break-even live

Break-even rent $284

Max offer price $35,000

Occupancy floor 32%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4935 College Ave Kansas City, MO	3.0	1.0	1216	$1,350	$1.11	23d	1	0.09mi
4911 S Benton Ave Kansas City, MO	2.0	1.0	1000	$1,100	$1.10	16d	1	0.21mi
4917 S Benton Ave Kansas City, MO	2.0	1.0	1000	$1,100	$1.10	23d	1	0.21mi
5013 S Benton Ave Kansas City, MO	3.0	1.0	978	$1,225	$1.25	23d	1	0.26mi
5038 S Benton Ave Kansas City, MO	4.0	3.0	1500	$1,875	$1.25	21d	1	0.31mi
5215 Walrond Ave Kansas City, MO	4.0	2.0	1198	$1,710	$1.43	23d	1	0.41mi
3949 Doctor Martin Luther King Junior Blvd Kansas City, MO	1.0–2.0	1.0–2.0	945	$1,565	$1.66	1d	3	0.48mi
4534 S Benton Ave Kansas City, MO	2.0	1.0	912	$1,045	$1.15	16d	1	0.49mi
2420 E 51st St Kansas City, MO	3.0	2.0	1460	$1,350	$0.92	23d	1	0.53mi
4427 Agnes Ave Kansas City, MO	3.0	1.0	1100	$1,350	$1.23	16d	1	0.58mi
4930 Park Ave Kansas City, MO	3.0	1.0	900	$1,300	$1.44	16d	1	0.61mi
5114 Brooklyn Ave Kansas City, MO	3.0	1.5	1116	$1,300	$1.16	7d	1	0.73mi
4309 College Ave Kansas City, MO	3.0	2.0	1040	$1,550	$1.49	16d	1	0.73mi
4910 Michigan Ave Kansas City, MO	3.0	1.5	1199	$1,400	$1.17	7d	1	0.86mi
4144 College Ave Kansas City, MO	3.0	1.0	1108	$1,095	$0.99	23d	1	0.90mi
4216 Cleveland Ave Kansas City, MO	2.0	1.0	780	$1,125	$1.44	16d	1	0.90mi
5614 Indiana Ave Kansas City, MO	3.0	1.0	900	$1,175	$1.31	43d	1	0.91mi
5115 Woodland Ave Kansas City, MO	4.0	1.0	1136	$1,700	$1.50	43d	1	0.93mi
5241 Brookwood Ave Kansas City, MO	3.0	2.0	1431	$1,550	$1.08	43d	1	0.95mi
4212 E 55th St Kansas City, MO	4.0	2.0	1132	$1,800	$1.59	43d	1	0.96mi
4116 Bellefontaine Ave Kansas City, MO	3.0	1.0	1234	$1,000	$0.81	23d	1	0.97mi
3600 E 57th St Kansas City, MO	3.0	1.0	1037	$1,250	$1.21	43d	1	1.02mi
5650 Askew Ave Kansas City, MO	4.0	2.0	1200	$1,341	$1.12	23d	1	1.02mi
5410 Euclid Ave Kansas City, MO	3.0	2.0	1119	$1,395	$1.25	43d	1	1.03mi
5709 Bales Ave Kansas City, MO	2.0	1.0	782	$1,095	$1.40	23d	1	1.05mi
5430 Michigan Ave Kansas City, MO	2.0	1.0	1250	$1,495	$1.20	43d	1	1.11mi
4107 Olive St Kansas City, MO	3.0	1.5	1271	$1,578	$1.24	7d	1	1.11mi
5752 College Ave Kansas City, MO	4.0	1.0	1120	$1,600	$1.43	16d	1	1.12mi
4005 Bales Ave Kansas City, MO	2.0	1.0	792	$1,050	$1.33	43d	1	1.13mi
3617 E 58th St Unit 2 Kansas City, MO	2.0	1.0	936	$875	$0.93	43d	1	1.13mi
5531 Euclid Ave Kansas City, MO	3.0	1.0	1135	$1,300	$1.15	43d	1	1.13mi
3615 E 58th St Unit 1 Kansas City, MO	2.0	1.0	936	$875	$0.93	43d	1	1.13mi
5332 Highland Ave Kansas City, MO	3.0	1.0	1022	$1,350	$1.32	7d	1	1.14mi
4028 Myrtle Ave Kansas City, MO	3.0	1.0	1100	$1,490	$1.35	43d	1	1.15mi
5120 The Paseo Apt 1 Kansas City, MO	2.0	1.0	1500	$1,550	$1.03	43d	1	1.15mi
2305 E 41st St Kansas City, MO	2.0	1.0	750	$1,000	$1.33	7d	1	1.15mi
1500 E 46th St Kansas City, MO	1.0–3.0	1.0	803	$1,275	$1.59	43d	1	1.15mi
2811 E 58th St Kansas City, MO	4.0	1.0	1348	$1,473	$1.09	43d	1	1.16mi
5529 Michigan Ave Kansas City, MO	2.0	1.0	847	$995	$1.17	43d	1	1.17mi
3821 E 58th St Kansas City, MO	3.0	1.5	1153	$1,350	$1.17	16d	1	1.20mi

Listing history 30 events

1. 2026-06-18
   days on market $35,000 Active 65 DOM
2. 2026-06-17
   days on market $35,000 Active 64 DOM
3. 2026-06-16
   days on market $35,000 Active 63 DOM
4. 2026-06-15
   days on market $35,000 Active 62 DOM
5. 2026-06-13
   days on market $35,000 Active 60 DOM
6. 2026-06-09
   days on market $35,000 Active 56 DOM
7. 2026-06-08
   days on market $35,000 Active 55 DOM
8. 2026-06-07
   days on market $35,000 Active 54 DOM
9. 2026-06-05
   days on market $35,000 Active 51 DOM
10. 2026-06-03
    days on market $35,000 Active 50 DOM
11. 2026-06-02
    days on market $35,000 Active 49 DOM
12. 2026-06-01
    days on market $35,000 Active 48 DOM
13. 2026-05-31
    days on market $35,000 Active 47 DOM
14. 2026-05-14
    price $35,000 186-char remark

    Show marketing remark (186 chars)

    Bungalow situated in an established neighborhood ready for your touches and imagination to make it shine again. Close to highway access, shopping and sporting events. Home is sold as is.

15. 2026-04-19
    status Active 186-char remark

    Show marketing remark (186 chars)

    Bungalow situated in an established neighborhood ready for your touches and imagination to make it shine again. Close to highway access, shopping and sporting events. Home is sold as is.

16. 2026-04-16
    historical 186-char remark

    Show marketing remark (186 chars)

    Bungalow situated in an established neighborhood ready for your touches and imagination to make it shine again. Close to highway access, shopping and sporting events. Home is sold as is.

17. 2026-04-10
    listed $40,000 Active 186-char remark

    Show marketing remark (186 chars)

    Bungalow situated in an established neighborhood ready for your touches and imagination to make it shine again. Close to highway access, shopping and sporting events. Home is sold as is.

18. 2022-01-27
    soldstatus
19. 2015-03-13
    soldstatus
20. 2015-01-12
    soldstatus
21. 2009-08-11
    soldstatus
22. 2009-07-06
    soldstatus
23. 2009-07-02
    soldstatus 198-char remark

    Show marketing remark (198 chars)

    Home has just been rehabbed including fresh interior paint, new carpet and vinyl, new electrical. OWNER FINANCING AVAILABLE! Call Agent for Details. LEASE PURCHASE AVAILABLE! Call Agent for Details.

24. 2009-03-10
    listed $14,000 198-char remark

    Show marketing remark (198 chars)

    Home has just been rehabbed including fresh interior paint, new carpet and vinyl, new electrical. OWNER FINANCING AVAILABLE! Call Agent for Details. LEASE PURCHASE AVAILABLE! Call Agent for Details.

25. 2008-10-29
    historical
26. 2008-04-28
    listed $24,950
27. 2008-01-02
    soldstatus
28. 2007-08-24
    listed $12,900
29. 2004-02-20
    soldstatus
30. 2003-10-27
    listed $22,500

ⓘ 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: $316 · $26/mo
• Projected year-2 tax: $340 · $28/mo
• Expected delta: +$23/yr (+$2/mo · 7.4%)

ⓘ 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 ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,822
• − Mortgage interest: −$1,961
• − Property taxes: −$316
• − Insurance: −$175
• − Repairs & maintenance: −$1,346
• − Management: −$1,346
• − Depreciation: −$1,018
• Taxable income: $10,660
• Est. tax owed @ 24.0%: −$2,559
• After-tax cash flow: $8,037/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): 19,644
• Household income: $42,221
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 1132.0

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: Predominantly Black (80%)
• Race & ethnicity: Black 80% White 9% Hispanic / Latino 8% Two or more races 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 1% Swedish 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -73.32%
• Current HPI: 267.491
• Rent YoY: ▲ 4.42%
• 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

+55.6% since first listed

17 events — show timeline

• 2026-05-14 Price Changed $35,000 Heartland MLS as Distributed by MLS Grid
• 2026-04-19 Relisted — Heartland MLS as Distributed by MLS Grid
• 2026-04-16 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2026-04-10 Listed $40,000 Heartland MLS as Distributed by MLS Grid
• 2022-01-27 Sold (Public Records) — Public Records
• 2015-03-13 Sold (Public Records) — Public Records
• 2015-01-12 Sold (Public Records) — Public Records
• 2009-08-11 Sold (Public Records) — Public Records
• 2009-07-06 Sold (Public Records) — Public Records
• 2009-07-02 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2009-03-10 Listed $14,000 Heartland MLS as Distributed by MLS Grid
• 2008-10-29 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2008-04-28 Listed $24,950 Heartland MLS as Distributed by MLS Grid
• 2008-01-02 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2007-08-24 Listed $12,900 Heartland MLS as Distributed by MLS Grid
• 2004-02-20 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2003-10-27 Listed $22,500 Heartland MLS as Distributed by MLS Grid

Property tax history

+9.4%/yr

Latest (2025): $316 · -26.6% YoY. Source: county tax records.