309 N Floridale Ave · Dellwood, MO 63135

$54,900

3 bd · 1.0 ba · 912 sqft · SingleFamily public records · 109 Days on market

Built 1939 6,873 sqft lot $60/sqft · 52% below area

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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
• Rent growth +4.8/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

Key facts

• Spacious yard
• 6,873 sq ft lot
• Garage

Tags

• SPACIOUS YARD
• WELL-ESTABLISHED NEIGHBORHOOD
• PEACEFUL RESIDENTIAL SETTING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $673 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $50k (9.0% below list) — sets the bar for market timing.
• Cap rate 21.0% vs local median 10.4% in Dellwood — 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 66/100 on livability (#239 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools D, crime D-.
• Ferguson-Florissant R-II (suburban): math 7% / reading 20% proficiency, ranked #311 of 324 in MO (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+9.0%/yr); 162 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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).
• This rent runs 31% of the median local income ($52k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($50k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $25k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• 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 $49,959 (9.0% below list)

Questions for the listing agent

1. It's been on market 109 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 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
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: 2.47% ✓
• Cap rate: 21.01%
• Cash-on-cash: 52.57%
• DSCR: 3.34
• GRM: 3.4

CMA / ARV

• ARV (median comp): $114,848
• List price: $54,900
• Delta: -52.20%
• 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
9871 Medford Dr	0.46mi	3/1.0	950 (+4%)	2mo	$124,900	$131	71
10020 Dellridge Ln	0.25mi	2/1.0 (-1)	816 (-10%)	1mo	$49,900	$61	65
100 Florwood Ct	0.35mi	3/1.0	1,004 (+10%)	3mo	$79,900	$80	64
1719 Newhall Ct	0.52mi	3/1.0	975 (+7%)	0mo	$120,000	$123	64
9866 Dennis Dr	0.33mi	3/1.0	1,032 (+13%)	3mo	$124,900	$121	61
1354 Stein Rd	0.39mi	4/2.0 (+1)	982 (+8%)	2mo	$160,000	$163	58
324 Gage Dr	0.70mi	2/1.0 (-1)	875 (-4%)	1mo	$68,000	$78	55
125 Forestwood Dr	0.50mi	3/1.0	1,032 (+13%)	3mo	$77,900	$75	53
9828 Lorna Ln	0.49mi	2/1.0 (-1)	792 (-13%)	2mo	$65,000	$82	49
10146 Clairmont Dr	0.73mi	4/1.0 (+1)	970 (+6%)	3mo	$25,000	$26	48
941 Highmont Dr	0.72mi	2/1.0 (-1)	840 (-8%)	3mo	$105,900	$126	45
1829 Chambers Rd	0.72mi	2/1.0 (-1)	816 (-10%)	1mo	$34,900	$43	42

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

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 56.3%
• Equity multiple: 3.68×
• Total profit: $41,197
• Equity at exit: $8,186

10-year hold

• IRR: 63.1%
• Equity multiple: 9.06×
• Total profit: $123,862
• Equity at exit: $4,747

Cash invested: $15,372 (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 63135

• Rents YoY: 9.0%
• Active inventory: 162
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,356 high
• Mortgage (P&I): −$288
• Tax from tax record: −$87 /mo · $1,048/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $673

Break-even live

Break-even rent $504

Max offer price $54,900

Occupancy floor 45%

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9845 Dennis Dr Saint Louis, MO	3.0	1.0	960	$1,550	$1.61	12d	1	0.34mi
9850 Dennis Dr Saint Louis, MO	2.0	1.0	1032	$1,175	$1.14	43d	1	0.34mi
1654 Mowbry Ln Saint Louis, MO	3.0	1.0	936	$1,300	$1.39	23d	1	0.40mi
9868 Lorna Ln Saint Louis, MO	3.0	1.0	1032	$1,175	$1.14	43d	1	0.41mi
9839 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,095	$1.20	43d	1	0.49mi
9840 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,095	$1.20	43d	1	0.50mi
104 Fenwick Dr Saint Louis, MO	3.0	1.0	960	$1,250	$1.30	23d	1	0.53mi
502 Averill Ave Saint Louis, MO	2.0	1.0	840	$1,250	$1.49	43d	1	0.56mi
1547 Babcock Dr Saint Louis, MO	3.0	1.0	1014	$1,480	$1.46	43d	1	0.58mi
9750 Lorna Ln Saint Louis, MO	3.0	1.0	1032	$1,100	$1.07	43d	1	0.59mi
338 La Motte Ln Saint Louis, MO	2.0	1.0	904	$1,150	$1.27	43d	1	0.61mi
1733 Kappel Ave Saint Louis, MO	3.0	1.0	912	$1,250	$1.37	23d	1	0.62mi
920 Hutton Pl Saint Louis, MO	3.0	1.0	912	$1,195	$1.31	43d	1	0.62mi
10329 Chesley Dr Saint Louis, MO	3.0	1.0	1014	$1,350	$1.33	23d	1	0.63mi
9725 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,485	$1.63	43d	1	0.65mi
9717 Dennis Dr Saint Louis, MO	3.0	1.0	1056	$1,323	$1.25	43d	1	0.66mi
307 Coppinger Dr Saint Louis, MO	3.0	1.0	960	$1,095	$1.14	17d	1	0.71mi
945 Edgehill Dr Saint Louis, MO	3.0	1.0	1110	$1,575	$1.42	43d	1	0.73mi
415 Ames Pl Saint Louis, MO	3.0	1.0	816	$1,400	$1.72	43d	1	0.77mi
650 Robert Ave Ferguson, MO	3.0	1.0	816	$1,224	$1.50	43d	1	0.78mi
1550 Northwinds Estates Dr St. Louis, MO	1.0–2.0	1.0–1.5	877	$1,050	$1.20	43d	1	0.79mi
227 Meadowcrest Dr Saint Louis, MO	3.0	1.0	960	$1,500	$1.56	43d	1	0.83mi
1926 Chambers Rd Saint Louis, MO	4.0	1.0	1095	$995	$0.91	14d	1	0.92mi
249 S Hartnett Ave Saint Louis, MO	3.0	1.0	960	$1,220	$1.27	23d	1	0.93mi
296 Meadowcrest Dr Saint Louis, MO	3.0	1.0	960	$1,550	$1.61	14d	1	0.93mi
401 Millman Dr Saint Louis, MO	3.0	1.0	1008	$1,450	$1.44	16d	1	0.94mi
10124 Winkler Dr Saint Louis, MO	2.0	1.0	792	$1,400	$1.77	3d	1	0.94mi
9827 Winkler Dr Saint Louis, MO	3.0	1.0	864	$1,450	$1.68	7d	1	0.95mi
9823 Winkler Dr Saint Louis, MO	2.0	1.0	788	$900	$1.14	43d	1	0.96mi
9709 Balboa Dr Saint Louis, MO	3.0	1.0	1000	$1,600	$1.60	43d	1	0.98mi
10078 Green Valley Dr Saint Louis, MO	3.0	1.0	900	$1,325	$1.47	7d	1	0.98mi
9547 Glen Owen Dr Saint Louis, MO	2.0	1.0	923	$985	$1.07	23d	1	1.01mi
10239 Green Valley Dr Saint Louis, MO	3.0	1.0	1014	$1,395	$1.38	23d	1	1.02mi
10128 Cloverdale Dr Saint Louis, MO	2.0	1.0	792	$1,000	$1.26	23d	1	1.05mi
10128 Cloverdale Dr Saint Louis, MO	2.0	1.0	792	$1,000	$1.26	43d	1	1.05mi
10129 Cavalier Ct Saint Louis, MO	3.0	1.5	912	$1,250	$1.37	23d	1	1.19mi
2008 Kappel Dr Saint Louis, MO	3.0	1.0	858	$1,175	$1.37	23d	1	1.19mi
6180 Emerald Ave Saint Louis, MO	2.0	1.0	729	$1,300	$1.78	43d	1	1.33mi
6188 Dupree Ave Saint Louis, MO	3.0	1.5	972	$1,300	$1.34	43d	1	1.33mi
110 Paul Ave Saint Louis, MO	3.0	1.0	875	$1,050	$1.20	7d	1	1.35mi

Listing history 15 events

1. 2026-05-07
   price $54,900 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

2. 2026-04-28
   price $63,900 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

3. 2026-04-16
   price $64,900 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

4. 2026-03-27
   price $74,900 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

5. 2026-03-20
   status Active 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

6. 2026-03-04
   status Pending 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

7. 2026-01-21
   listed $79,900 Active 554-char remark

   Show marketing remark (554 chars)

   Charming home located in a well-established St. Louis neighborhood. This property offers a practical layout with bright and inviting living spaces, perfect for comfortable everyday living. The home features a spacious yard ideal for outdoor activities, gardening, or relaxing with family and friends. Conveniently situated near local schools, shopping, dining, and major roadways, providing easy access to daily essentials while maintaining a peaceful residential setting. A great opportunity for buyers seeking a home with potential in a desirable area.

8. 2025-11-17
   price $84,900
9. 2025-10-14
   price $91,900
10. 2025-10-02
    status Active
11. 2025-08-26
    status Pending
12. 2025-08-11
    listed $96,900 Active
13. 2022-02-23
    soldstatus $51,344
14. 2013-04-22
    soldstatus $966,000
15. 1990-06-01
    soldstatus $44,000

ⓘ 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: $1,048 · $87/mo
• Projected year-2 tax: $1,048 · $87/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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,278
• − Mortgage interest: −$3,075
• − Property taxes: −$1,048
• − Insurance: −$274
• − Repairs & maintenance: −$1,302
• − Management: −$1,302
• − Depreciation: −$1,597
• Taxable income: $7,678
• Est. tax owed @ 24.0%: −$1,843
• After-tax cash flow: $6,239/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: Ferguson-Florissant R-II
• NCES district ID: 2912010
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 20% ▼ -6.00%
• Median HH income: $44,610
• Composite: 11.96/100
• National rank: #9666
• State rank: #311 of 324 in MO

Livability — Dellwood

• Score: 66/100
• State rank: #239
• US rank: #11618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dellwood, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 18,381
• Household income: $52,328
• Rent vs Own: 45.8% rent · 54.2% own
• Severe rent burden: 957.0

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 (66%)
• Race & ethnicity: Black 66% White 28% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 1% Iranian 1% Romanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: —

Market trends

• HPI YoY: ▼ -152.56%
• Current HPI: 138.6781
• Rent YoY: ▲ 9.03%
• Metro: St. Louis, MO-IL
• 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

+24.8% since first listed

15 events — show timeline

• 2026-05-07 Price Changed $54,900 MARIS as Distributed by MLS Grid
• 2026-04-28 Price Changed $63,900 MARIS as Distributed by MLS Grid
• 2026-04-16 Price Changed $64,900 MARIS as Distributed by MLS Grid
• 2026-03-27 Price Changed $74,900 MARIS as Distributed by MLS Grid
• 2026-03-20 Relisted — MARIS as Distributed by MLS Grid
• 2026-03-04 Pending — MARIS as Distributed by MLS Grid
• 2026-01-21 Listed $79,900 MARIS as Distributed by MLS Grid
• 2025-11-17 Price Changed $84,900 MARIS as Distributed by MLS Grid
• 2025-10-14 Price Changed $91,900 MARIS as Distributed by MLS Grid
• 2025-10-02 Relisted — MARIS as Distributed by MLS Grid
• 2025-08-26 Pending — MARIS as Distributed by MLS Grid
• 2025-08-11 Listed $96,900 MARIS as Distributed by MLS Grid
• 2022-02-23 Sold (Public Records) $51,344 Public Records
• 2013-04-22 Sold (Public Records) $966,000 Public Records
• 1990-06-01 Sold (Public Records) $44,000 Public Records

Property tax history

+0.7%/yr

Latest (2022): $1,048 · +0.5% YoY. Source: county tax records.