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6670 Chesapeake Dr Unit D
A Composite 88.49
Why this score? — see what drove the A grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • Rent growth +4.4/5.0
  • Condition / age +4.0/5.0
  • Livability +3.7/5.0
  • Schools +1.5/10.0

$74,900

6670 Chesapeake Dr Unit D · Florissant, MO 63033
2 bd · 1.0 ba · 1,036 sqft · Condo public records · 101 Days on market
Built 1968 Good condition 1-car garage $72/sqft · 20% below area Est $93k · 20% under $224/mo HOA · 15% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Back on Market - No Fault of Seller. Enjoy this nice condominium, low-maintenance condo that is close to shopping and highways. Door to the main building is always kept locked and secure, and unit D is located just inside. The spacious living room is good for family gatherings. The kitchen features nice cabinets, tile backsplash, electric over, dishwasher, and countertops. The 2 bedrooms feature walk-in closets and are large enough for king size beds. Keep your car safe and dry in your reserved spot in the lower level garage with an electric door opener. Also on the lower level is your dedicated storage locker and your own laundry washer and dryer. Schedule a Showing Today!

Key facts

  • Move-in ready
  • Completely remodeled
  • Full renovation

Tags

COMPLETELY REMODELEDFULL RENOVATIONNEW STAINLESS-STEEL APPLIANCESUPDATED CABINETRYMAINTENANCE-FREE LIVINGMOVE-IN READY

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $75k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $483 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $68k (9.0% below list) — sets the bar for market timing.
  • Cap rate 14.0% vs local median 6.4% in Florissant — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 73/100 on livability (#82 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: crime C-, amenities D+, commute F.
  • Hazelwood (suburban): math 11% / reading 26% proficiency, ranked #306 of 324 in MO (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Townsend Elem. (math 8% / reading 17%, grade F, #1,007 of 1,115 statewide, top 91%, 371 students, 78% FRL); Central Middle (math 12% / reading 25%, grade F, #348 of 391 statewide, top 89%, 707 students, 68% FRL); Hazelwood East High (math 5% / reading 21%, grade F, #495 of 521 statewide, top 95%, 1,264 students, 66% FRL) — zoned schools average 70% FRL vs 53% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+7.5%/yr); 300 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 74% of comp listings sitting > 30 days — soft ceiling on asking rent; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

  • In year one you build about $8k of equity ($518 loan paydown + $7k appreciation (10.0% local appreciation)).
  • At projected returns (10.0% appreciation + 7.5% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 101 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $44k; list at $75k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $68,159 (9.0% below list)

Questions for the listing agent

  1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
2.02%
Cap rate
14.04%
Cash-on-cash
27.65%
DSCR
2.23
GRM
4.1

CMA / ARV

ARV (median comp)
$93,356
List price
$74,900
Delta
-19.77%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
12109 La Padera Ln 0.41mi 3/1.0 (+1) 1,042 (+1%) 1mo $159,900 $153 74
11623 Arroyo Dr 0.52mi 3/1.5 (+1) 1,042 (+1%) 2mo $174,900 $168 66
6349 Honey Bee Ct 0.37mi 3/2.0 (+1) 1,118 (+8%) 1mo $149,900 $134 60
12095 El Camara Dr 0.53mi 3/2.0 (+1) 1,088 (+5%) 2mo $154,900 $142 57
1432 San Salvador Dr 1.49mi 3/1.0 (+1) 1,053 (+2%) 1mo $80,000 $76 56
12336 Santa Maria Dr 1.41mi 3/1.0 (+1) 1,020 (-2%) 3mo $125,000 $123 55
1335 Cabrillo Dr 1.50mi 3/1.0 (+1) 925 (-11%) 0mo $125,000 $135 42
12019 Krenning Ln 1.26mi 3/1.0 (+1) 930 (-10%) 3mo $119,900 $129 41
1739 June Dr 1.49mi 2/1.0 1,287 (+24%) 1mo $160,000 $124 39
1451 Farmview Ave 1.45mi 3/1.5 (+1) 912 (-12%) 1mo $99,000 $109 37
5012 Trailbend Dr 1.27mi 3/2.0 (+1) 1,268 (+22%) 2mo $179,000 $141 29
12292 Jerries Ln 0.84mi 3/2.5 (+1) 1,204 (+16%) 2mo $179,000 $149 28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 7.51% rent growth · sell at horizon

5-year hold
IRR
48.5%
Equity multiple
4.76×
Total profit
$78,907
Equity at exit
$67,476
10-year hold
IRR
44.5%
Equity multiple
11.77×
Total profit
$225,921
Equity at exit
$145,514

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
81 Strongly Landlord-Friendly
State Missouri
81 Strongly Landlord-Friendly · R+10
County
— inherits STATE
City
— inherits STATE
Generally landlord-friendly; St Louis has some habitability requirements.

Active competition Active MLS

For sale now
0 active · 1 under contract

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 63033

Home prices YoY
2.5%
Rents YoY
7.5%
Active inventory
300
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,516 high interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$66 /mo · $792/yr
Insurance
$31
HOA
$224
Vacancy / Maint / Mgmt
$318
Net cashflow
$483

Break-even live

Break-even rent $904
Max offer price $74,900
Occupancy floor 63%

Sensitivity live

Price -10% $526 -5% $504 +0% $483 +5% $462 +10% $441
Rent -10% $364 -5% $423 +0% $483 +5% $543 +10% $603
Rate -1.0pp $521 -0.5pp $502 base $483 +0.5pp $464 +1.0pp $444

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$18,725
Closing costs
$2,247
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
11592 Las Ladera Dr Florissant, MO 3.0 2.0 986 $1,616 $1.64 56d 1 0.65mi
1911 Redman Rd Saint Louis, MO 3.0 1.0 1454 $1,495 $1.03 51d 1 0.81mi
12810 Verwood Dr Florissant, MO 3.0 2.0 1408 $2,026 $1.44 93d 1 0.96mi
1708 San Remo Ct St. Louis, MO 1.0–3.0 1.0–1.5 1053 $1,100 $1.04 9d 9 1.04mi
12887 Fox Haven Dr Florissant, MO 3.0 2.0 1135 $1,750 $1.54 93d 1 1.10mi
11321 Amboy Ln Saint Louis, MO 3.0 3.0 1182 $1,711 $1.45 46d 1 1.18mi
12367 Horizon Village Dr Unit 12367 I St. Louis, MO 2.0 1.0 836 $995 $1.19 72d 1 1.23mi
12035 Krenning Ln Saint Louis, MO 3.0 1.0 1170 $1,125 $0.96 72d 1 1.28mi
12401 Horizon Village Dr Unit 12415 A St. Louis, MO 2.0 1.0 836 $995 $1.19 93d 1 1.33mi
6176 Silver Fox Dr Florissant, MO 3.0 1.5 1394 $1,561 $1.12 28d 1 1.36mi
12465 Horizon Village Dr Unit 12465 F St. Louis, MO 2.0 1.0 836 $995 $1.19 22d 1 1.37mi
1516 Farmview Ave Saint Louis, MO 3.0 1.5 1156 $1,295 $1.12 93d 1 1.40mi
1473 Broadlawns Ln Saint Louis, MO 3.0 1.0 1000 $1,400 $1.40 93d 1 1.41mi
14389 Wild Fox Ct Florissant, MO 3.0 1.5 1053 $1,686 $1.60 11d 1 1.43mi
12336 Santa Maria Dr Saint Louis, MO 3.0 2.0 1020 $1,500 $1.47 46d 1 1.43mi
1455 Broadlawns Ln Saint Louis, MO 3.0 1.0 912 $1,370 $1.50 42d 1 1.44mi
6431 Brown Fox Dr Florissant, MO 3.0 2.0 1105 $1,885 $1.71 11d 1 1.45mi
6431 Brown Fox Dr Florissant, MO 3.0 2.0 1105 $1,905 $1.72 71d 1 1.45mi
1504 Redman Blvd Saint Louis, MO 3.0 1.5 1014 $1,299 $1.28 37d 1 1.47mi

Property features AI

Finance

Other
Home warranty included
HOA & community
Paddock Forest Condominiums HOAMonthly association fee of $224HOA covers grounds maintenance, parking/road maintenance, common area maintenance, exterior maintenance, sewer, snow removal, trash, and water

Exterior

Parking
1-car garageAssociation-managed parking
Utilities
Public waterPublic sewerElectric service by AmerenCable available
Home design
Condominium (residential)One level
Construction
Brick veneer construction
Exterior features
Adjoins common groundCommon ground and shared parking (association amenities)

Interior

Bedrooms
2 bedrooms on main level
Bathrooms
1 full bathroom (main level)
Heating & cooling
Natural gas heatingCentral air conditioning
Interior features
Unfinished basement

HOA detail $224/mo · $2,688/yr condo

Likely covers
electric
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-08-08
    days on market $74,900 Active 101 DOM
  2. 2026-08-07
    days on market $74,900 Active 100 DOM
  3. 2026-08-06
    days on market $74,900 Active 99 DOM
  4. 2026-08-05
    days on market $74,900 Active 98 DOM
  5. 2026-08-04
    days on market $74,900 Active 97 DOM
  6. 2026-08-03
    days on market $74,900 Active 96 DOM
  7. 2026-07-31
    days on market $74,900 Active 93 DOM
  8. 2026-07-30
    days on market $74,900 Active 92 DOM
  9. 2026-07-30
    days on market $74,900 Active 91 DOM
  10. 2026-07-28
    days on market $74,900 Active 90 DOM
  11. 2026-07-26
    days on market $74,900 Active 88 DOM
  12. 2026-07-24
    days on market $74,900 Active 86 DOM
  13. 2026-07-23
    days on market $74,900 Active 85 DOM
  14. 2026-07-22
    days on market $74,900 Active 84 DOM
  15. 2026-07-21
    days on market $74,900 Active 83 DOM
  16. 2026-07-20
    days on market $74,900 Active 82 DOM
  17. 2026-07-18
    days on market $74,900 Active 80 DOM
  18. 2026-07-18
    days on market $74,900 Active 79 DOM
  19. 2026-07-16
    days on market $74,900 Active 78 DOM
  20. 2026-07-15
    days on market $74,900 Active 77 DOM
  21. 2026-07-14
    days on market $74,900 Active 76 DOM
  22. 2026-07-13
    days on market $74,900 Active 75 DOM
  23. 2026-07-13
    days on market $74,900 Active 74 DOM
  24. 2026-07-11
    days on market $74,900 Active 73 DOM
  25. 2026-07-10
    days on market $74,900 Active 72 DOM
  26. 2026-07-09
    days on market $74,900 Active 71 DOM
  27. 2026-07-07
    days on market $74,900 Active 69 DOM
  28. 2026-07-06
    days on market $74,900 Active 68 DOM
  29. 2026-07-05
    days on market $74,900 Active 67 DOM
  30. 2026-07-03
    days on market $74,900 Active 65 DOM
  31. 2026-07-02
    days on market $74,900 Active 64 DOM
  32. 2026-07-01
    days on market $74,900 Active 63 DOM
  33. 2026-06-30
    days on market $74,900 Active 62 DOM
  34. 2026-06-29
    days on market $74,900 Active 61 DOM
  35. 2026-06-28
    days on market $74,900 Active 60 DOM
  36. 2026-06-27
    days on market $74,900 Active 59 DOM
  37. 2026-06-26
    days on market $74,900 Active 58 DOM
  38. 2026-06-24
    days on market $74,900 Active 56 DOM
  39. 2026-06-22
    days on market $74,900 Active 54 DOM
  40. 2026-06-21
    days on market $74,900 Active 53 DOM
  41. 2026-06-18
    days on market $74,900 Active 50 DOM
  42. 2026-06-17
    days on market $74,900 Active 49 DOM
  43. 2026-06-16
    days on market $74,900 Active 48 DOM
  44. 2026-06-15
    days on market $74,900 Active 47 DOM
  45. 2026-06-13
    days on market $74,900 Active 45 DOM
  46. 2026-06-13
    days on market $74,900 Active 44 DOM
  47. 2026-06-09
    days on market $74,900 Active 41 DOM
  48. 2026-06-08
    days on market $74,900 Active 40 DOM
  49. 2026-06-07
    days on market $74,900 Active 39 DOM
  50. 2026-06-05
    days on market $74,900 Active 36 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

Current annual tax
$792 · $66/mo
Projected year-2 tax
$792 · $66/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,186
− Mortgage interest
−$4,196
− Property taxes
−$792
− Insurance
−$374
− Repairs & maintenance
−$1,455
− Management
−$1,455
− HOA
−$2,688
− Depreciation
−$2,179
Taxable income
$5,048
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,211
After-tax cash flow
$4,588/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $5,180–$15,540 screening

This completely remodeled townhouse is move-in ready with fresh updates and a turnkey opportunity for investors.

Value-add opportunities

  • Both Painting exterior — Enhances curb appeal and value
  • Both Landscaping — Improves curb appeal and value
  • Both New window treatments — Enhances curb appeal and value

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 15/100

Zoned Schools

Elementary Townsend Elem. F MO #1,007/1,115 Nat'l #37,719/41,679 Middle Central Middle F MO #348/391 Nat'l #12,017/14,009 High Hazelwood East High F MO #495/521 Nat'l #15,688/17,239

Schools (NCES district)

District
Hazelwood
NCES district ID
2913830
Math proficiency
11% ▼ -13.00%
Reading proficiency
26% ▼ -6.00%
Median HH income
$51,621
Composite
16.77/100
National rank
#9156
State rank
#306 of 324 in MO
B Composite livability gradescore 73/100

Livability — Florissant

Score
73/100
State rank
#82
US rank
#5406

Category grades

Amenities D+ Commute F Cost of living A+ Crime C- Employment C Housing A+ Health & safety B+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Saint Louis County · 1,025,227 people
City population
69,104
Metro
St. Louis, MO-IL
Population (ZIP)
43,056
Household income
$66,776
Rent vs Own
33.4% rent · 66.6% own
Severe rent burden
11% of renters

Population outlook (St. Louis County) Hauer SSP2

Today (2025)
1,025,227 people
By 2030
1,028,023 · +0.3%
By 2040
1,020,940 · -0.4%
By 2050
1,007,280 · -1.8%
By 2075
987,277 · -3.7%
By 2100
921,984 · -10.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (71%)
Race & ethnicity
Black 71% White 23% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 1% Lithuanian 1% Italian 1%
Foreign-born
3% · Canada, Vietnam
Languages at home
95% English-only · Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · St. Louis

2024 margin
Strong D (+23.4) · D 60.8% · R 37.4% · Other 1.7%
2008→2024 swing
+3.5pp toward D · 2008: 19.9pp · 2024: 23.4pp
All cycles
2024: D+23.4 2020: D+24.0 2016: D+16.2 2012: D+13.7 2008: D+19.9

Not yet ingested

Civics

Price history

+87.7% since first listed
16 events — show timeline
  • 2026-04-29 Listed $74,900 MARIS as Distributed by MLS Grid
  • 2025-08-04 Sold (MLS) MARIS as Distributed by MLS Grid
  • 2025-07-11 Pending MARIS as Distributed by MLS Grid
  • 2025-07-02 Relisted MARIS as Distributed by MLS Grid
  • 2025-07-02 Price Changed $40,000 MARIS as Distributed by MLS Grid
  • 2025-06-04 Pending MARIS as Distributed by MLS Grid
  • 2025-06-02 Price Changed $55,000 MARIS as Distributed by MLS Grid
  • 2025-05-10 Listed $65,000 MARIS as Distributed by MLS Grid
  • 2012-08-15 Sold (MLS) MARIS as Distributed by MLS Grid
  • 2012-05-22 Listed $22,900 MARIS as Distributed by MLS Grid
  • 2002-11-21 Sold (Public Records) $43,600 Public Records
  • 2002-11-21 Sold (Public Records) $43,600 Public Records
  • 1994-03-31 Sold (Public Records) $24,225 Public Records
  • 1987-10-01 Sold (Public Records) $40,000 Public Records
  • 1987-10-01 Sold (Public Records) Public Records
  • 1980-02-01 Sold (Public Records) $39,900 Public Records

Property tax history

-0.2%/yr

Latest (2022): $792 · +5.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…