For SaleRisky Deal1 days on market
406 E Devon St
406 E Devon St, Independence, MO 64055, Independence, MO 64055
$147,500
Listing Price
406 E Devon St, Independence, MO 64055
Loc: Independence, MO
Days Listed
1
Tax Assessed
$56k
Lot Size
6,722 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Sycamore Hills Elementary School
PK-5
1.7 mi away
7
Bridger Middle School
6
2.5 mi away
4
Truman High School
9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storywooden rampaccessible entryvinyl sidingresidentialcozymature treesfront yardtraditionalshingle roofneighborhoodsuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.9%
Cash Flow
$-2/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Independence
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $147,500 | $180 |
| 2019-05-16 | Sold | $0 | – |
| 2019-04-18 | Pending sale | $86,900 | $106 |
| 2019-04-18 | Listed for sale | $86,900 | $106 |
| 2015-03-06 | Sold | $0 | – |
| 2015-02-09 | Pending sale | $40,000 | $49 |
| 2015-02-04 | Listed for sale | $40,000 | $49 |
| 2013-02-18 | Sold | $0 | – |
| 2012-05-22 | Sold | $0 | – |
| 2001-04-26 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $754.21 | $10,553 |
| 2024 | $1,035.09 | $14,940 |
| 2023 | $1,011.53 | $14,940 |
| 2022 | $589.46 | $7,980 |
| 2021 | $589.2 | $7,980 |
| 2020 | $612.57 | $8,061 |
| 2019 | $602.75 | $8,061 |
| 2018 | $602.75 | $7,016 |
| 2017 | $565.4 | $7,016 |
| 2016 | $502.68 | $6,365 |
| 2014 | $909.26 | $11,723 |
| 2013 | $903.77 | $11,723 |
| 2012 | $892.53 | $11,723 |
| 2011 | $530.65 | $11,723 |
| 2010 | $517.72 | $7,093 |
| 2009 | $543.94 | $7,093 |
| 2008 | $542.71 | $7,720 |
| 2007 | $544.83 | $7,720 |
| 2006 | $544.55 | $7,720 |
| 2005 | $537.66 | $7,720 |
| 2004 | $537.65 | $7,423 |
| 2003 | $459.17 | $7,423 |
| 2002 | $457.85 | $6,455 |
| 2001 | $393.07 | $6,455 |
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