301 N Vermont St · Green Ridge, MO 65332

$49,900

2 bd · 1.0 ba · 924 sqft · Manufactured public records · 74 Days on market

Built 1989 0.37 ac lot ↓ 14% since listing

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Why this score? — see what drove the B+ 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.7/10.0
• Schools +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investment Opportunity in Green Ridge! This 2 bedroom, 1 bath manufactured home is ideally situated on a corner lot in the small town of Green Ridge—just a short distance from Main Street, the school, local park, and the scenic Katy Trail. Inside, you’ll find an open floor plan connecting the kitchen to the living room, offering flexibility for everyday living or entertaining. Enjoy relaxing mornings on the covered front deck while taking in the quiet surroundings. This home does need some TLC and is priced accordingly, making it a great opportunity for investors or buyers looking to add their personal touch. Cash or conventional financing only. Seller is a licensed real estate agent in the state of Missouri.

Key facts

• Open floor plan
• Covered front deck
• Corner lot

Tags

• CORNER LOT
• OPEN FLOOR PLAN
• COVERED FRONT DECK
• SHORT DISTANCE TO MAIN STREET
• SHORT DISTANCE TO SCHOOL
• SHORT DISTANCE TO LOCAL PARK

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $357 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($845 rent vs $50k).
• Recommended offer: $47k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#341 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Green Ridge R-VIII (rural): math 34% / reading 51% proficiency, ranked #238 of 535 in MO (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Green Ridge Elem. (math 47% / reading 47%, grade D-, #347 of 1,115 statewide, top 35%, 187 students, 57% FRL); Green Ridge High (math 27% / reading 52%, grade F, #247 of 521 statewide, top 55%, 181 students, 46% FRL).
• Market conditions: 13 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 109 units permitted in Pettis County in 2024 (46 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($345 loan paydown + $703 appreciation (1.4% local appreciation)).
• Pettis County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (1.4% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $46,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.69% ✓
• Cap rate: 14.88%
• Cash-on-cash: 30.66%
• DSCR: 2.36
• GRM: 4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.41% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 33.7%
• Equity multiple: 2.77×
• Total profit: $24,669
• Equity at exit: $18,105

10-year hold

• IRR: 35.6%
• Equity multiple: 5.39×
• Total profit: $61,357
• Equity at exit: $24,910

Cash invested: $13,972 (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.

Methodology + full state rankings →

ZIP-level market 65332

• Home prices YoY: 0.7%
• Active inventory: 13
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $845 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$28 /mo · $337/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$177
• Net cashflow: $357

Break-even live

Break-even rent $393

Max offer price $49,900

Occupancy floor 53%

Sensitivity live

Price	-10% $385	-5% $371	+0% $357	+5% $343	+10% $329
Rent	-10% $290	-5% $324	+0% $357	+5% $390	+10% $424
Rate	-1.0pp $382	-0.5pp $370	base $357	+0.5pp $344	+1.0pp $331

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
201 S Illinois St Unit 5 Green Ridge, MO	2.0	1.0	750	$845	$1.13	45d	1	0.29mi

Listing history 14 events

1. 2026-06-09
   days on market $49,900 Active 74 DOM
2. 2026-06-08
   days on market $49,900 Active 73 DOM
3. 2026-06-07
   days on market $49,900 Active 72 DOM
4. 2026-06-05
   days on market $49,900 Active 69 DOM
5. 2026-06-02
   days on market $49,900 Active 67 DOM
6. 2026-06-01
   days on market $49,900 Active 66 DOM
7. 2026-05-31
   days on market $49,900 Active 65 DOM
8. 2026-05-30
   days on market $49,900 Active 64 DOM
9. 2026-04-29
   price $59,900 730-char remark

   Show marketing remark (730 chars)

   Investment Opportunity in Green Ridge! This 2 bedroom, 1 bath manufactured home is ideally situated on a corner lot in the small town of Green Ridge—just a short distance from Main Street, the school, local park, and the scenic Katy Trail. Inside, you’ll find an open floor plan connecting the kitchen to the living room, offering flexibility for everyday living or entertaining. Enjoy relaxing mornings on the covered front deck while taking in the quiet surroundings. This home does need some TLC and is priced accordingly, making it a great opportunity for investors or buyers looking to add their personal touch. Cash or conventional financing only. Seller is a licensed real estate agent in the state of Missouri.

10. 2026-04-07
    price $64,900 730-char remark

    Show marketing remark (730 chars)

    Investment Opportunity in Green Ridge! This 2 bedroom, 1 bath manufactured home is ideally situated on a corner lot in the small town of Green Ridge—just a short distance from Main Street, the school, local park, and the scenic Katy Trail. Inside, you’ll find an open floor plan connecting the kitchen to the living room, offering flexibility for everyday living or entertaining. Enjoy relaxing mornings on the covered front deck while taking in the quiet surroundings. This home does need some TLC and is priced accordingly, making it a great opportunity for investors or buyers looking to add their personal touch. Cash or conventional financing only. Seller is a licensed real estate agent in the state of Missouri.

11. 2026-03-27
    listed $69,900 Active 730-char remark

    Show marketing remark (730 chars)

    Investment Opportunity in Green Ridge! This 2 bedroom, 1 bath manufactured home is ideally situated on a corner lot in the small town of Green Ridge—just a short distance from Main Street, the school, local park, and the scenic Katy Trail. Inside, you’ll find an open floor plan connecting the kitchen to the living room, offering flexibility for everyday living or entertaining. Enjoy relaxing mornings on the covered front deck while taking in the quiet surroundings. This home does need some TLC and is priced accordingly, making it a great opportunity for investors or buyers looking to add their personal touch. Cash or conventional financing only. Seller is a licensed real estate agent in the state of Missouri.

12. 2019-06-27
    soldstatus
13. 2004-09-14
    soldstatus
14. 1999-01-04
    soldstatus

ⓘ 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: $337 · $28/mo
• Projected year-2 tax: $484 · $40/mo
• Expected delta: +$147/yr (+$12/mo · 43.8%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,140
• − Mortgage interest: −$2,795
• − Property taxes: −$337
• − Insurance: −$250
• − Repairs & maintenance: −$811
• − Management: −$811
• − Depreciation: −$1,452
• Taxable income: $3,685
• Est. tax owed @ 24.0%: −$884
• After-tax cash flow: $3,400/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.

Schools (NCES district)

• District: Green Ridge R-VIII
• NCES district ID: 2913290
• Math proficiency: 34% ▲ 7.00%
• Reading proficiency: 51% ▲ 6.00%
• Median HH income: $50,326
• Composite: 38.89/100
• National rank: #8325
• State rank: #238 of 535 in MO

Livability — Green Ridge

• Score: 63/100
• State rank: #341
• US rank: #15460

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Green Ridge, MO
• City population: 2,023
• Population (ZIP): 2,023

Population outlook (Pettis County) Hauer SSP2

• Today (2025): 41,992 people
• By 2030: 41,584 · -1.0%
• By 2040: 40,483 · -3.6%
• By 2050: 39,049 · -7.0%
• By 2075: 35,413 · -15.7%
• By 2100: 30,870 · -26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 8% Hispanic / Latino 3% Black 2% Asian 2%
• Common ancestry: Subsaharan African 6% Slovak 3% Serbian 3%
• Foreign-born: 7%
• Languages at home: 93% English-only · Russian/Polish/Slavic 7%

Political lean MEDSL · Pettis

• 2024 margin: Solid R (+48.8) · D 24.9% · R 73.7% · Other 1.4%
• 2008→2024 swing: -26.3pp toward R · 2008: -22.4pp · 2024: -48.8pp
• All cycles: 2024: R+48.8 2020: R+47.5 2016: R+46.9 2012: R+28.8 2008: R+22.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.41%
• Current HPI: 198.57
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

-14.3% since first listed

6 events — show timeline

• 2026-04-29 Price Changed $59,900 WCAR
• 2026-04-07 Price Changed $64,900 WCAR
• 2026-03-27 Listed $69,900 WCAR
• 2019-06-27 Sold (Public Records) — Public Records
• 2004-09-14 Sold (Public Records) — Public Records
• 1999-01-04 Sold (Public Records) — Public Records

Property tax history

+2.2%/yr

Latest (2025): $337 · +24.9% YoY. Source: county tax records.