OFF_MARKETExcellent Deal13 days on market

1215 E South Ave

1215 E South Ave, Independence, MO 64050, Independence, MO 64050
$315,000
Zestimate®:$202,200

Listing Price

Property image 1
1215 E South Ave, Independence, MO 64050
Loc: Independence, MO
Days Listed
13
Tax Assessed
$65k
Zestimate®
$202k
Market Rate
Lot Size
9,683 sqft
Rent Estimate
$1,370/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.

6

Thomas Hart Benton Elementary School

PK-5
0.6 mi away
7

Bridger Middle School

6
1.8 mi away
3

William Chrisman High School

9-12
1.7 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
8.01%
Total ROI
29.7%
Cash Flow
$510/mo
DSCR
1.32
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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
2026-06-23Listing removed$289,900$275
2026-05-19Listed for sale$289,900$275
2026-05-12Listing removed$309,900$293
2026-04-28Price change$309,900$293
2026-04-02Listed for sale$315,000$298
2024-08-16Sold$0
2024-08-06Pending sale$22,000$21
2024-08-06Listed for sale$22,000$21

Tax History

YearProperty TaxTax Assessment
2025$1,233.28$12,359
2024$1,181.39$11,965
2023$1,169.67$11,965
2022$771.91$10,450
2021$771.57$10,450
2020$762.05$10,028
2019$749.82$10,028
2018$749.82$8,728
2017$703.36$8,728
2016$672.01$8,509
2014$640.74$8,261
2013$636.87$8,261
2012$628.95$8,261
2011$705.71$8,261
2010$688.51$9,434
2009$685.14$9,434
2008$683.59$9,725
2007$686.26$9,725
2006$685.9$9,725
2005$623.27$9,725
2004$623.33$8,606
2003$532.3$8,606
2002$530.77$7,483
2001$492.32$7,483
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,525
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: $315,000Rent Basis: Observed Comp Model ($1,370/mo)State Tax Benchmark: 0.97% (MO)Hazard Reserve: $100/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.44%

NOI: $10,828/yr

Cash-on-Cash Yield
-12.1%

On $72,450 invested

DSCR Ratio
0.55x

Negative debt coverage

5-Yr Leveraged ROI
+33.6%

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)-$53/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$69/mo
Repairs & Maintenance (10% of rent)-$137/mo
Property Management (8% of rent)-$110/mo
Total Pure Operating Expenses-$468/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,370/mo
Less: Operating Expenses-$468/mo
Net Operating Income (NOI)+$902/mo
Less: Debt Service (30yr @ 6.75%)-$1,634/mo
Net Cash Flow
$-732/mo
$-8,786/year
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