For SaleNeutral Deal29 days on market
1902 S Lake Dr
1902 S Lake Dr, Independence, MO 64055, Independence, MO 64055
$325,000
Listing Price
1902 S Lake Dr, Independence, MO 64055
Loc: Independence, MO
Days Listed
29
Tax Assessed
$206k
Lot Size
0.53 acres
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
1.2 mi away
7
Bridger Middle School
6
2.4 mi away
4
Truman High School
9-12
0.7 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
Tudor revivalstone exteriorivy-covered facadepitched roofcasement windowschimneysprawling lawnlush landscapingcozy aesthetichistoric charmsteep rooflinedecorative half-timberingwoodland setting
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.41%
Total ROI
98.1%
Cash Flow
$49/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $49/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-09-17 | Price change | $325,000 | $209 |
| 2026-09-02 | Listed for sale | $349,950 | $225 |
| 2011-01-09 | Listing removed | $145,000 | $93 |
| 2010-11-24 | Pending sale | $145,000 | $93 |
| 2010-10-30 | Listed for sale | $145,000 | $93 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,801.43 | $39,199 |
| 2024 | $2,597.77 | $37,495 |
| 2023 | $2,538.64 | $37,495 |
| 2022 | $2,189.42 | $29,641 |
| 2021 | $2,188.44 | $29,641 |
| 2020 | $1,969.33 | $25,915 |
| 2019 | $1,937.74 | $25,915 |
| 2018 | $1,937.74 | $22,406 |
| 2017 | $1,805.63 | $22,406 |
| 2016 | $1,725.23 | $21,845 |
| 2014 | $1,644.93 | $21,208 |
| 2013 | $1,635.01 | $21,208 |
| 2012 | $1,614.67 | $21,208 |
| 2011 | $1,586.63 | $21,208 |
| 2010 | $1,547.97 | $21,209 |
| 2009 | $1,640.29 | $21,209 |
| 2008 | $1,636.56 | $23,280 |
| 2007 | $1,626.66 | $23,280 |
| 2006 | $1,625.81 | $23,049 |
| 2005 | $1,477.45 | $23,049 |
| 2004 | $1,477.43 | $20,398 |
| 2003 | $1,261.7 | $20,398 |
| 2002 | $1,258.09 | $17,737 |
| 2001 | $1,143.04 | $17,737 |
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