OFF_MARKETGood Deal1 days on market

20208 E 23rd Terrace Ct S

20208 E 23rd Terrace Ct S, Independence, MO 64057, Independence, MO 64057
$350,000
Zestimate®:$354,700$4,700 Under Market

Listing Price

Property image 1
20208 E 23rd Terrace Ct S, Independence, MO 64057
Loc: Independence, MO
Days Listed
1
Tax Assessed
$319k
Zestimate®
$355k
1% Under Valued
Lot Size
8,925 sqft
Rent Estimate
$2,687/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Little Blue Elementary

PK-5
0.3 mi away
7

Bridger Middle School

6
1.3 mi away
4

Truman High School

9-12
4.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.20%
Total ROI
25.7%
Cash Flow
$331/mo
DSCR
1.19
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-21Sold$0
2026-04-23Pending sale$350,000$169
2022-11-24Price change$2,200$1
2022-10-29Price change$2,300$1
2022-09-26Listed for rent$2,400$1
2019-04-01Sold$0
2014-12-29Listing removed$229,000$110
2014-11-19Listed for sale$229,000$110
2014-06-27Pending sale$229,000$110
2014-06-24Listed for sale$229,000$110

Tax History

YearProperty TaxTax Assessment
2025$5,038.18$60,604
2024$4,358.21$52,700
2023$4,223.11$52,700
2022$769.03$190
2021$0$190
2020$0$190
2019$1,051.29$7,306
2018$1,051.29$2,923
2017$740.56$2,923
2016$730.08$2,850
2014$947.1$5,700
2013$1,196.18$5,700
2012$3,653.49$5,700
2011$427.56$5,700
2010$417.14$5,715
2009$428.39$5,715
2008$427.42$6,080
2007$0$6,080
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,075
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $350,000Rent Basis: Observed Comp Model ($2,687/mo)State Tax Benchmark: 0.97% (MO)Hazard Reserve: $102/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.86%

NOI: $20,510/yr

Cash-on-Cash Yield
-1.6%

On $80,500 invested

DSCR Ratio
0.94x

Negative debt coverage

5-Yr Leveraged ROI
+86.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.97% of basis)-$258/mo
Homeowner / Hazard Insurance-$102/mo
Vacancy Reserve (5% of rent)-$134/mo
Repairs & Maintenance (10% of rent)-$269/mo
Property Management (8% of rent)-$215/mo
Total Pure Operating Expenses-$978/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,687/mo
Less: Operating Expenses-$978/mo
Net Operating Income (NOI)+$1,709/mo
Less: Debt Service (30yr @ 6.75%)-$1,816/mo
Net Cash Flow
$-107/mo
$-1,283/year
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