10425 Gardo Ct · Bellefontaine Neighbors, MO 63137

$114,900

3 bd · 1.5 ba · 1,300 sqft · SingleFamily public records · 11 Days on market

Built 1961 7,666 sqft lot Est $122k · 6% under

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Why this score? — see what drove the C+ 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 +26.5/30.0
• ARV discount +10.2/15.0
• DSCR +9.1/10.0
• 1% rule +7.5/10.0
• Rent growth +4.1/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +0.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

Key facts

• 7,666 sq ft lot
• Garage
• Built 1961

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $305 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).

Location & tenants

• Location reads 58/100 on livability (#592 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: employment D+, crime F, amenities F.
• Riverview Gardens (suburban): math 2% / reading 9% proficiency, ranked #324 of 324 in MO (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Glasgow Elem. (math 2% / reading 2%, grade F, #1,099 of 1,115 statewide, top 100%, 269 students, 99% FRL); Riverview Gardens Sr. High (math 2% / reading 18%, grade F, #501 of 521 statewide, top 97%, 1,331 students, 100% FRL).
• Market conditions: Rents rising fast (+6.6%/yr); 201 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).
• This rent runs 40% of the median local income ($43k/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 $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.6% rent growth), your $32k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 10y 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 $90k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $114,900

Questions for the listing agent

1. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.25% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.36%
• DSCR: 1.51
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $122,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10409 Gardo Ct	0.05mi	3/2.5	1,300 (0%)	5mo	$149,900	$115	89
808 Bella Ln	0.29mi	4/2.0 (+1)	1,300 (0%)	2mo	$104,900	$81	78
10300 Toelle Ln	0.27mi	3/2.0	1,423 (+10%)	2mo	$125,000	$88	68
10240 Toelle Ln	0.28mi	3/2.0	1,424 (+10%)	3mo	$150,000	$105	66
304 Lanark Rd	0.64mi	3/1.0	1,304 (+0%)	4mo	$34,900	$27	65
448 Lancashire Rd	0.46mi	3/1.0	1,234 (-5%)	4mo	$149,000	$121	64
10042 Lilac Ave	0.59mi	2/1.0 (-1)	1,282 (-1%)	2mo	$104,900	$82	62
404 Lancashire Rd	0.52mi	4/1.0 (+1)	1,215 (-6%)	2mo	$39,900	$33	56
1258 Belgrove Dr	0.43mi	2/2.0 (-1)	1,427 (+10%)	3mo	$149,900	$105	54
424 Lancashire Rd	0.49mi	3/1.0	1,120 (-14%)	6mo	$112,000	$100	47
10454 Coburg Lands Dr	0.63mi	3/1.0	1,477 (+14%)	2mo	$139,400	$94	45
314 Midlothian Rd	0.58mi	4/1.0 (+1)	1,120 (-14%)	3mo	$90,000	$80	40

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 · 6.59% rent growth · sell at horizon

5-year hold

• IRR: 4.8%
• Equity multiple: 1.19×
• Total profit: $6,195
• Equity at exit: $17,132

10-year hold

• IRR: 17.4%
• Equity multiple: 2.69×
• Total profit: $54,292
• Equity at exit: $9,934

Cash invested: $32,172 (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 63137

• Rents YoY: 6.6%
• Active inventory: 201
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,436 high
• Mortgage (P&I): −$603
• Tax from tax record: −$179 /mo · $2,154/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $305

Break-even live

Break-even rent $1,051

Max offer price $114,900

Occupancy floor 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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10421 Gardo Ct Saint Louis, MO	3.0	2.0	1000	$1,395	$1.40	14d	1	0.04mi
1205 Shepley Dr Saint Louis, MO	3.0	1.0	901	$1,350	$1.50	43d	1	0.08mi
1205 Shepley Dr Saint Louis, MO	3.0	1.0	901	$1,325	$1.47	23d	1	0.08mi
743 Shepley Dr Saint Louis, MO	3.0	1.0	932	$1,025	$1.10	7d	1	0.18mi
10524 Durness Dr Saint Louis, MO	3.0	1.0	1000	$1,250	$1.25	43d	1	0.31mi
808 Bella Ln Saint Louis, MO	4.0	2.0	1300	$1,650	$1.27	17d	1	0.31mi
10401 Hobkirk Dr Saint Louis, MO	3.0	1.0	1050	$1,500	$1.43	17d	1	0.33mi
10519 Renfrew Dr Saint Louis, MO	3.0	1.5	982	$1,399	$1.42	43d	1	0.34mi
10515 Renfrew Dr Saint Louis, MO	3.0	1.0	1670	$1,400	$0.84	4d	1	0.34mi
10515 Renfrew Dr Saint Louis, MO	3.0	1.0	1670	$1,400	$0.84	7d	1	0.34mi
10409 Renfrew Dr Saint Louis, MO	3.0	1.0	1644	$1,250	$0.76	23d	1	0.41mi
10518 Gretna Cir Saint Louis, MO	3.0	1.0	1082	$1,450	$1.34	23d	1	0.42mi
10203 Trio Ln Saint Louis, MO	3.0	1.0	912	$1,435	$1.57	16d	1	0.44mi
432 Midlothian Rd Saint Louis, MO	3.0	1.0	1120	$1,350	$1.21	10d	1	0.45mi
437 Lancashire Rd Saint Louis, MO	3.0	1.0	1082	$1,395	$1.29	43d	1	0.46mi
10201 Gourock Dr Saint Louis, MO	3.0	1.0	886	$1,275	$1.44	43d	1	0.50mi
10213 Durness Dr Saint Louis, MO	2.0	1.0	932	$1,225	$1.31	43d	1	0.50mi
10201 McCartney Ln Saint Louis, MO	3.0	2.0	1504	$1,565	$1.04	16d	1	0.50mi
400 Lancashire Rd Saint Louis, MO	3.0	1.0	1200	$1,095	$0.91	43d	1	0.53mi
10309 Galloway Dr Saint Louis, MO	3.0	1.0	892	$1,295	$1.45	12d	1	0.57mi
10052 Lilac Ave Saint Louis, MO	3.0	1.5	1143	$1,100	$0.96	7d	1	0.58mi
10066 Dorothy Ave Saint Louis, MO	2.0	1.0	916	$1,225	$1.34	21d	1	0.59mi
10052 Diamond Dr Saint Louis, MO	4.0	1.0	1181	$1,495	$1.27	12d	1	0.62mi
308 Lanark Rd Saint Louis, MO	3.0	1.0	1154	$1,400	$1.21	23d	1	0.63mi
251 Midlothian Rd Saint Louis, MO	3.0	1.0	1058	$1,499	$1.42	43d	1	0.64mi
1009 Bliss Dr Saint Louis, MO	3.0	1.0	912	$1,400	$1.54	43d	1	0.65mi
368 Cameron Rd Saint Louis, MO	4.0	1.0	1628	$1,580	$0.97	43d	1	0.73mi
10508 Druid Dr Saint Louis, MO	3.0	1.0	1122	$1,475	$1.31	16d	1	0.73mi
10367 Coburg Lands Dr Saint Louis, MO	3.0	1.0	912	$1,270	$1.39	43d	1	0.74mi
10063 Northgate Dr Saint Louis, MO	2.0	1.0	1054	$1,200	$1.14	43d	1	0.76mi
232 Cameron Rd Saint Louis, MO	3.0	1.0	984	$1,295	$1.32	12d	1	0.76mi
1115 Bakewell Dr Saint Louis, MO	3.0	1.0	916	$1,300	$1.42	43d	1	0.79mi
1208 Rapid Dr Saint Louis, MO	3.0	1.0	992	$1,375	$1.39	4d	1	0.83mi
10019 Northgate Dr Saint Louis, MO	3.0	1.0	991	$1,150	$1.16	21d	1	0.84mi
9943 Lilac Dr Saint Louis, MO	2.0	1.0	1086	$1,000	$0.92	43d	1	0.85mi
10200 Tappan Dr Saint Louis, MO	3.0	1.0	912	$1,450	$1.59	16d	1	0.90mi
9924 Gloucester Dr Saint Louis, MO	3.0	2.0	992	$1,565	$1.58	10d	1	0.91mi
1230 Roxton Dr Saint Louis, MO	3.0	1.0	912	$1,400	$1.54	21d	1	0.93mi
1238 Hoyt Dr Saint Louis, MO	3.0	1.0	1176	$1,400	$1.19	21d	1	0.93mi
133 Perthshire Rd Saint Louis, MO	3.0	1.0	1225	$1,499	$1.22	43d	1	0.94mi

Listing history 13 events

1. 2026-04-07
   status Pending
2. 2026-03-28
   listed $114,900 Active
3. 2026-03-27
   historical $114,900
4. 2021-08-11
   soldstatus $90,000
5. 2016-12-19
   soldstatus Closed 382-char remark

   Show marketing remark (382 chars)

   Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

6. 2016-12-07
   status Pending 382-char remark

   Show marketing remark (382 chars)

   Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

7. 2016-11-28
   price $36,900 382-char remark

   Show marketing remark (382 chars)

   Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

8. 2016-10-26
   price $40,500 382-char remark

   Show marketing remark (382 chars)

   Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

9. 2016-09-26
   price $44,900 382-char remark

   Show marketing remark (382 chars)

   Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

10. 2016-08-24
    listed $53,500 Active 382-char remark

    Show marketing remark (382 chars)

    Don't miss out on this spacious ranch style home with covered front porch and one car attached garage. Inside you will find a living room, family room, 3 bedrooms and 1.5 bathrooms, as well as an eat in kitchen with oak cabinets. There are some hardwood floors, a full and partially finished basement, fenced yard and deck off the back of the home. Home sits on a cul de sac lot.

11. 2006-06-21
    soldstatus $80,000
12. 2005-03-23
    soldstatus $96,000
13. 2000-10-12
    soldstatus $55,000

ⓘ 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: $2,154 · $179/mo
• Projected year-2 tax: $2,154 · $179/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 ≥107°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

Taxation est. · year 1

• Rental income: $17,232
• − Mortgage interest: −$6,436
• − Property taxes: −$2,154
• − Insurance: −$574
• − Repairs & maintenance: −$1,379
• − Management: −$1,379
• − Depreciation: −$3,343
• Taxable income: $1,968
• Est. tax owed @ 24.0%: −$472
• After-tax cash flow: $3,182/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: Riverview Gardens
• NCES district ID: 2926670
• Math proficiency: 2% ▼ -6.00%
• Reading proficiency: 9% ▼ -6.00%
• Median HH income: $32,759
• Composite: 4.22/100
• National rank: #10058
• State rank: #324 of 324 in MO

Livability — Bellefontaine Neighbors

• Score: 58/100
• State rank: #592
• US rank: #20944

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bellefontaine Neighbors, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 19,684
• Household income: $43,422
• Rent vs Own: 52.2% rent · 47.8% own
• Severe rent burden: 1863.0

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 (82%)
• Race & ethnicity: Black 82% White 13% Two or more races 3%
• Common ancestry: Romanian 1% Lithuanian 1% Italian 1%
• Foreign-born: 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: —

Market trends

• HPI YoY: ▼ -96.70%
• Current HPI: 130.6765
• Rent YoY: ▲ 6.59%
• 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

+108.9% since first listed

13 events — show timeline

• 2026-04-07 Pending — MARIS as Distributed by MLS Grid
• 2026-03-28 Listed $114,900 MARIS as Distributed by MLS Grid
• 2026-03-27 Coming Soon $114,900 MARIS as Distributed by MLS Grid
• 2021-08-11 Sold (Public Records) $90,000 Public Records
• 2016-12-19 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2016-12-07 Pending — MARIS as Distributed by MLS Grid
• 2016-11-28 Price Changed $36,900 MARIS as Distributed by MLS Grid
• 2016-10-26 Price Changed $40,500 MARIS as Distributed by MLS Grid
• 2016-09-26 Price Changed $44,900 MARIS as Distributed by MLS Grid
• 2016-08-24 Listed $53,500 MARIS as Distributed by MLS Grid
• 2006-06-21 Sold (Public Records) $80,000 Public Records
• 2005-03-23 Sold (Public Records) $96,000 Public Records
• 2000-10-12 Sold (Public Records) $55,000 Public Records

Property tax history

+7.2%/yr

Latest (2022): $2,154 · +0.9% YoY. Source: county tax records.