OFF_MARKETGood Deal2 days on market

1605 N Hocker Ave

1605 N Hocker Ave, Independence, MO 64050, Independence, MO 64050
$180,000
Zestimate®:$190,300$10,300 Under Market

Listing Price

Property image 1
1605 N Hocker Ave, Independence, MO 64050
Loc: Independence, MO
Days Listed
2
Tax Assessed
$112k
Zestimate®
$190k
5% Under Valued
Lot Size
6,258 sqft
Rent Estimate
$1,216/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.

7

Ott Elementary School

PK-5
0.2 mi away
3

Bingham Middle School

7-8
2.9 mi away
3

William Chrisman High School

9-12
0.4 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
7.22%
Total ROI
25.8%
Cash Flow
$173/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
2026-06-02Sold$0
2026-04-20Pending sale$189,000$97
2026-04-16Listed for sale$180,000$93

Tax History

YearProperty TaxTax Assessment
2025$1,526.4$21,358
2024$2,222.74$32,081
2023$2,172.14$32,081
2022$1,192.95$16,150
2021$1,192.42$16,150
2020$1,164.5$15,324
2019$1,145.82$15,324
2018$1,145.82$14,011
2017$1,129.1$14,011
2016$1,078.81$13,660
2014$1,028.63$13,262
2013$1,022.42$13,262
2012$1,009.7$13,262
2011$939.28$13,262
2010$916.39$12,555
2009$1,040.19$12,555
2008$1,037.82$14,763
2007$1,041.88$14,763
2006$1,041.34$14,763
2005$963.33$14,763
2004$963.32$13,300
2003$947.65$13,300
2002$944.93$13,322
2001$834.11$13,322
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
1,942
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: $180,000Rent Basis: Observed Comp Model ($1,216/mo)State Tax Benchmark: 0.97% (MO)Hazard Reserve: $100/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.97%

NOI: $8,945/yr

Cash-on-Cash Yield
-5.5%

On $41,400 invested

DSCR Ratio
0.80x

Negative debt coverage

5-Yr Leveraged ROI
+66.9%

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)-$91/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$61/mo
Repairs & Maintenance (10% of rent)-$122/mo
Property Management (8% of rent)-$97/mo
Total Pure Operating Expenses-$471/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,216/mo
Less: Operating Expenses-$471/mo
Net Operating Income (NOI)+$745/mo
Less: Debt Service (30yr @ 6.75%)-$934/mo
Net Cash Flow
$-189/mo
$-2,262/year
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