14987 Dunklin Rd · Phillipsburg, MO 65536

$149,500

3 bd · 2.0 ba · 1,216 sqft · Manufactured · 39 Days on market

Built 2019 1.70 ac lot

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Why this score? — see what drove the D 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 +15.9/30.0
• ARV discount +7.5/15.0
• DSCR +4.9/10.0
• 1% rule +3.1/10.0
• Livability +2.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

This charming 3-bedroom 2 bath mobile home is situated on 1.7 acres in the country. You can enjoy the country life, gardening or just enjoying the peace and quiet of the outdoors, all while having easy access to I-44, and only about 15 minutes to Lebanon. This home was built in 2019 and set in 2020.

Key facts

• 1.7 acre lot
• Built 2019
• Listed 38 days

Property features AI

Finance

• Other: Property type: Residential; Lot size: 1.7 acres

Exterior

• Parking: Gravel parking
• Security: Smoke detector(s)
• Utilities: Water: other; Electric water heater; Electric service for heating/appliances; Sewer/power details not specified
• Home design: Manufactured house; Mobile home; One story; Permanent foundation
• Construction: Vinyl siding; Asphalt roof; Built on a permanent foundation; Originally constructed as a manufactured/mobile home
• Exterior features: Front porch; Rear porch; Outbuilding; Rolling/sloped terrain; Gravel road frontage (county road)

Interior

• Kitchen: Electric oven; Free-standing electric oven; Dishwasher; Refrigerator; Exhaust fan
• Flooring: Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Electric heating; Exhaust fan for ventilation; Central air; Ceiling fan(s)
• Interior features: Kitchen island; Beamed ceilings; Walk-in closet(s); Window coverings including blinds, shutters and drapes; Smoke detector(s)
• Laundry & utility: Laundry on main level; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $4 ($53/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (19.2% below list).
• Recommended offer: $121k (19.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 52/100 on livability (#845 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Laclede County C-5 (rural): math 22% / reading 29% proficiency, ranked #282 of 324 in MO (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Joel E. Barber Elem. (math 22% / reading 29%, grade F, #876 of 1,115 statewide, top 79%, 500 students, 26% FRL) — zoned schools average 26% FRL vs 49% district-wide (23 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 256 active listings in the ZIP; 61 units permitted in Laclede County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Laclede County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,760 (19.2% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.03%
• DSCR: 1.09
• GRM: 10.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -16.1%
• Equity multiple: 0.43×
• Total profit: $-23,976
• Equity at exit: $22,291

10-year hold

• IRR: -7.8%
• Equity multiple: 0.51×
• Total profit: $-20,649
• Equity at exit: $12,926

Cash invested: $41,860 (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 65536

• Home prices YoY: -21.8%
• Active inventory: 256
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,208 medium
• Mortgage (P&I): −$784
• Tax from tax record: −$37 /mo · $442/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $4

Break-even live

Break-even rent $1,202

Max offer price $149,500

Occupancy floor 95%

Sensitivity live

Price	-10% $89	-5% $47	+0% $4	+5% $-38	+10% $-80
Rent	-10% $-91	-5% $-43	+0% $4	+5% $52	+10% $100
Rate	-1.0pp $80	-0.5pp $42	base $4	+0.5pp $-34	+1.0pp $-74

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: $37,375
• Closing costs: $4,485
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-19
   days on market $149,500 Active 39 DOM
2. 2026-06-18
   days on market $149,500 Active 38 DOM
3. 2026-06-17
   status $149,500 Active 37 DOM
4. 2026-05-17
   historical Active Under Contract
5. 2026-04-22
   listed $149,500 Active
6. 1999-10-29
   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: $442 · $37/mo
• Projected year-2 tax: $1,450 · $121/mo
• Expected delta: +$1,008/yr (+$84/mo · 228.1%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,491
• − Mortgage interest: −$8,374
• − Property taxes: −$442
• − Insurance: −$1,545
• − Repairs & maintenance: −$1,159
• − Management: −$1,159
• − Depreciation: −$4,349
• Taxable loss: −$2,538
• Est. tax savings @ 24.0%: +$609
• After-tax cash flow: $662/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: Laclede County C-5
• NCES district ID: 2917000
• Math proficiency: 22% ▼ -9.00%
• Reading proficiency: 29% ▼ -5.00%
• Median HH income: $46,450
• Composite: 22.11/100
• National rank: #8178
• State rank: #282 of 324 in MO

Livability — Phillipsburg

• Score: 52/100
• State rank: #845
• US rank: #24713

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Laclede County · 29,915 people
• Metro: Lebanon, MO
• Population (ZIP): 29,915
• Household income: $53,783
• Rent vs Own: 32.5% rent · 67.5% own
• Severe rent burden: 641.0

Population outlook (Laclede County) Hauer SSP2

• Today (2025): 34,730 people
• By 2030: 33,985 · -2.1%
• By 2040: 32,213 · -7.2%
• By 2050: 30,189 · -13.1%
• By 2075: 24,782 · -28.6%
• By 2100: 18,554 · -46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Iranian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Laclede

• 2024 margin: Solid R (+66.8) · D 16.1% · R 82.9%
• 2008→2024 swing: +212.7pp toward D · 2008: -279.5pp · 2024: -66.8pp
• All cycles: 2024: R+66.8 2020: R+65.4 2016: R+64.5 2012: R+44.5 2008: R+279.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.82%
• Current HPI: 196.7643
• Rent YoY: —
• Metro: Lebanon, MO
• 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

3 events — show timeline

• 2026-05-17 Contingent — SOMO
• 2026-04-22 Listed $149,500 SOMO
• 1999-10-29 Sold (Public Records) — Public Records

Property tax history

+43.1%/yr

Latest (2025): $442 · -3.0% YoY. Source: county tax records.