1106 W Centennial · Bowling Green, MO 63334

$79,200

3 bd · 1.0 ba · 1,935 sqft · Other public records · 102 Days on market

Built 1900 0.26 ac lot ↓ 19% 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
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

Key facts

• 0.26 acre lot
• 6 garage spots
• Built 1900

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $79k.

Deal economics

• At list price, monthly cash flow is $427 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $72k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.8% vs local median 3.0% in Bowling Green — 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 72/100 on livability (#91 in MO) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: schools D-, amenities F, commute F.
• Bowling Green R-I (town): math 31% / reading 49% proficiency, ranked #146 of 324 in MO (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 36 active listings in the ZIP; 38 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $548 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pike County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($72k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $72,072 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 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 1900 — 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. 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: 1.44% ✓
• Cap rate: 12.77%
• Cash-on-cash: 23.13%
• DSCR: 2.03
• GRM: 5.8

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: 1.65×
• Total profit: $14,365
• Equity at exit: $11,809

10-year hold

• IRR: 24.7%
• Equity multiple: 3.14×
• Total profit: $47,456
• Equity at exit: $6,848

Cash invested: $22,176 (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 63334

• Home prices YoY: -16.2%
• Active inventory: 36
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,143 medium
• Mortgage (P&I): −$415
• Tax from tax record: −$27 /mo · $322/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$240
• Net cashflow: $427

Break-even live

Break-even rent $601

Max offer price $79,200

Occupancy floor 58%

Sensitivity live

Price	-10% $472	-5% $450	+0% $427	+5% $405	+10% $383
Rent	-10% $337	-5% $382	+0% $427	+5% $473	+10% $518
Rate	-1.0pp $467	-0.5pp $448	base $427	+0.5pp $407	+1.0pp $386

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: $19,800
• Closing costs: $2,376
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-08
   status Pending 1480-char remark

   Show marketing remark (1480 chars)

   INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

2. 2026-04-28
   price $79,200 1480-char remark

   Show marketing remark (1480 chars)

   INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

3. 2026-03-10
   price $88,200 1480-char remark

   Show marketing remark (1480 chars)

   INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

4. 2026-01-26
   status Active 1480-char remark

   Show marketing remark (1480 chars)

   INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

5. 2026-01-17
   historical $98,100 1480-char remark

   Show marketing remark (1480 chars)

   INVESTORS or someone looking for a "FIXER UPPER" to rent or flip here's an excellent opportunity with an older home, updated around 1970 with a newer HVAC system, water heater and roof that's less than 10 years old. This almost 1900 SQ FT, (3) Bedroom, (1) Bath and large octagonal sitting room in the front has INCREDIBLE CHARACTER waiting to be RE-BORN! Mature trees provide excellent shade on hot summer days and for comfortable outdoor activities. The shed/garage/workshop on the large City Lot adjacent to the home was also built in 1970 complete with a furnace & water & a bathroom. This fully insulated building with vinyl siding measures 42 foot x 30 foot & has a 24 foot ceiling with two overhead doors 24 foot tall x 19 foot wide provides the entrance for easy access off of North 11th Street. The floor has approximately 6" thick concrete with a floor drain and a separate meter for the 200 AMP electric breaker box. Also included is a wash basin and a frost free Hydrant along with (3) people doors and a (9) foot wide garage door. Several possibilities for this building could be a "live & work" separate business or simply a garage with storage galore! YES, better hurry and take advantage of this rare........... LOW PRICED OPPORTUNITY! Please allow 24-hour notice to schedule an appointment and please be qualified to buy. Seller is offering this HOME & SHED Property "AS IS, WHERE IS". Thank you!

6. 1971-03-01
   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: $322 · $27/mo
• Projected year-2 tax: $768 · $64/mo
• Expected delta: +$446/yr (+$37/mo · 138.6%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,711
• − Mortgage interest: −$4,436
• − Property taxes: −$322
• − Insurance: −$396
• − Repairs & maintenance: −$1,097
• − Management: −$1,097
• − Depreciation: −$2,304
• Taxable income: $4,059
• Est. tax owed @ 24.0%: −$974
• After-tax cash flow: $4,156/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: Bowling Green R-I
• NCES district ID: 2905660
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 49% ▼ -1.00%
• Median HH income: $43,568
• Composite: 33.81/100
• National rank: #5362
• State rank: #146 of 324 in MO

Livability — Bowling Green

• Score: 72/100
• State rank: #91
• US rank: #6204

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bowling Green, MO
• Population (ZIP): 7,251

Population outlook (Pike County) Hauer SSP2

• Today (2025): 17,895 people
• By 2030: 17,591 · -1.7%
• By 2040: 17,080 · -4.6%
• By 2050: 16,589 · -7.3%
• By 2075: 14,761 · -17.5%
• By 2100: 11,606 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Black 9% Two or more races 5% Native American 1%
• Common ancestry: Lithuanian 2% Arab 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Arabic 2% German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Pike

• 2024 margin: Solid R (+57.9) · D 20.7% · R 78.6%
• 2008→2024 swing: -48.0pp toward R · 2008: -9.9pp · 2024: -57.9pp
• All cycles: 2024: R+57.9 2020: R+53.9 2016: R+47.0 2012: R+27.3 2008: R+9.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.14%
• Current HPI: 191.5018
• 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

-19.3% since first listed

6 events — show timeline

• 2026-05-08 Pending — MARIS as Distributed by MLS Grid
• 2026-04-28 Price Changed $79,200 MARIS as Distributed by MLS Grid
• 2026-03-10 Price Changed $88,200 MARIS as Distributed by MLS Grid
• 2026-01-26 Relisted — MARIS as Distributed by MLS Grid
• 2026-01-17 Coming Soon $98,100 MARIS as Distributed by MLS Grid
• 1971-03-01 Sold (Public Records) — Public Records

Property tax history

+2.7%/yr

Latest (2025): $322 · -0.5% YoY. Source: county tax records.