138 Grampian Rd · Glasgow Village, MO 63137

$109,900

3 bd · 2.0 ba · 873 sqft · SingleFamily public records · 3 Days on market

Built 1954 6,412 sqft lot Est $85k · 30% over $1/mo HOA

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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 +29.6/30.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +4.1/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Schools +0.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

EXCELLENT OPPORTUNITY! This adorable ranch home features 3 BR, 1-Bath, & a Full Basement. It is affordable and ideal for first-time home buyers. If you are an investor, this turnkey rental home is a fantastic addition to your investment portfolio. Property has undergone recent updates. It has an open, clean, and full basement with possibilities for extra living space. The spacious yard offers versatile opportunities for outdoor living. The seller has never occupied the property. Strictly sold as-is, no inspections or repairs. No Seller’s Disclosure available. This property is part of a package deal with 10 properties: MLS#25029976, 25029876, 25029881, 25029878, 25029875, 25029868, 25029884, 25029889, & 25029884.

Key facts

• New flooring
• Refreshed bathroom
• Ample cabinet space

Tags

• OPEN CONCEPT LAYOUT
• NEW FLOORING
• NEW COUNTERTOPS
• NEW BACKSPLASH
• AMPLE CABINET SPACE
• REFRESHED BATHROOM

Property features AI

Finance

• Other: Living area listed as 873 (source: public records)
• HOA & community: Glasgow Village Homeowners Association; Annual association fee of $14 (includes other items); Association amenities: None

Exterior

• Parking: Asphalt driveway
• Utilities: Public water; Public sewer; Ameren electric; Electricity connected; Natural gas connected; Water connected; Sewer connected
• Home design: Single-family residence; One story; Private ownership
• Construction: Aluminum siding; Architectural shingle roof; Concrete perimeter foundation; House structure
• Exterior features: Covered patio/porch; Chain link fencing; Level lot

Interior

• Kitchen: Oven; Refrigerator
• Bedrooms: Three bedrooms (all on the main level)
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Updated/remodeled condition; Basement with 8+ ft poured concrete
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $396 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

Location & tenants

• Location reads 55/100 on livability (#756 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: crime F, amenities F, commute 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: Highland Elem. (math 2% / reading 2%, grade F, #1,099 of 1,115 statewide, top 100%, 274 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); 203 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 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 39% 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 $760 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 $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 7y 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 $56k; list at $110k implies a 96% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — 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 $109,900

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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: 1.30% ✓
• Cap rate: 10.62%
• Cash-on-cash: 15.45%
• DSCR: 1.69
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $84,681
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
237 Ben Nevis Rd	0.17mi	3/1.0	873 (0%)	1mo	$89,000	$102	88
10640 Spring Garden Dr	0.23mi	3/1.0	873 (0%)	1mo	$77,500	$89	84
200 Mcalpine Dr	0.26mi	3/2.0	927 (+6%)	1mo	$90,000	$97	77
10746 Glen Garry Rd	0.39mi	3/1.0	927 (+6%)	1mo	$89,900	$97	67
151 Brigadoon Cir	0.39mi	3/1.0	927 (+6%)	2mo	$34,900	$38	66
147 Monteith Cir	0.47mi	3/1.0	909 (+4%)	2mo	$24,900	$27	66
158 Monteith Cir	0.45mi	3/1.0	927 (+6%)	1mo	$94,900	$102	64
161 Cameron Rd	0.24mi	3/1.0	984 (+13%)	1mo	$105,000	$107	63
10539 Renfrew Dr	0.62mi	3/1.0	854 (-2%)	2mo	$119,900	$140	62
10624 Spring Garden Dr	0.20mi	3/1.0	1,001 (+15%)	2mo	$24,900	$25	61
10300 Ross Cir	0.40mi	3/1.0	980 (+12%)	1mo	$105,000	$107	56
10519 Renfrew Dr	0.62mi	3/1.5	982 (+12%)	2mo	$95,000	$97	46

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: 10.1%
• Equity multiple: 1.42×
• Total profit: $12,776
• Equity at exit: $16,386

10-year hold

• IRR: 21.9%
• Equity multiple: 3.19×
• Total profit: $67,252
• Equity at exit: $9,502

Cash invested: $30,772 (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: 203
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$576
• Tax from tax record: −$109 /mo · $1,307/yr
• Insurance: −$46
• HOA: −$1
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $396

Break-even live

Break-even rent $927

Max offer price $109,900

Occupancy floor 67%

Sensitivity live

Price	-10% $458	-5% $427	+0% $396	+5% $365	+10% $334
Rent	-10% $283	-5% $340	+0% $396	+5% $453	+10% $509
Rate	-1.0pp $452	-0.5pp $424	base $396	+0.5pp $368	+1.0pp $339

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
138 Grampian Rd Saint Louis, MO	3.0	1.0	873	$1,499	$1.72	45d	1	0.01mi
157 Perthshire Rd Saint Louis, MO	3.0	1.0	873	$1,850	$2.12	45d	1	0.06mi
117 Glen Garry Rd Saint Louis, MO	3.0	1.0	1000	$1,175	$1.18	4d	1	0.12mi
237 Grampian Rd Saint Louis, MO	3.0	1.0	873	$1,499	$1.72	45d	1	0.16mi
241 Grampian Rd Saint Louis, MO	3.0	1.0	837	$1,250	$1.49	45d	1	0.17mi
10613 Spring Garden Dr Saint Louis, MO	3.0	1.0	873	$1,169	$1.34	25d	1	0.17mi
225 Ben Nevis Rd Saint Louis, MO	3.0	1.0	873	$1,250	$1.43	4d	1	0.18mi
204 Tay Rd Saint Louis, MO	4.0	1.5	854	$1,500	$1.76	18d	1	0.25mi
257 Glen Garry Rd Saint Louis, MO	3.0	1.0	873	$1,025	$1.17	0d	1	0.29mi
257 Glen Garry Rd Saint Louis, MO	3.0	1.0	873	$1,025	$1.17	16d	1	0.29mi
10650 Dunkeld Cir Saint Louis, MO	3.0	1.0	854	$1,250	$1.46	9d	1	0.29mi
120 McAlpine Dr Saint Louis, MO	3.0	1.0	927	$1,399	$1.51	45d	1	0.29mi
251 Midlothian Rd Saint Louis, MO	3.0	1.0	1058	$1,399	$1.32	0d	1	0.31mi
10617 Dunkeld Cir Saint Louis, MO	3.0	1.0	873	$1,299	$1.49	9d	1	0.32mi
10617 Dunkeld Cir Saint Louis, MO	3.0	1.0	873	$1,299	$1.49	45d	1	0.32mi
10700 Spring Garden Dr Saint Louis, MO	3.0	1.0	816	$1,399	$1.71	0d	1	0.32mi
232 Cameron Rd Saint Louis, MO	3.0	1.0	984	$1,295	$1.32	13d	1	0.33mi
10432 Balmoral Dr Saint Louis, MO	4.0	1.0	826	$1,600	$1.94	0d	1	0.33mi
323 Shepley Dr Saint Louis, MO	3.0	1.0	850	$1,095	$1.29	0d	1	0.33mi
10732 Spring Garden Dr Saint Louis, MO	3.0	1.0	927	$1,350	$1.46	25d	1	0.39mi
305 Lancashire Rd Saint Louis, MO	3.0	1.0	854	$1,100	$1.29	19d	1	0.41mi
301 Estridge Rd Saint Louis, MO	3.0	1.0	981	$1,450	$1.48	0d	1	0.41mi
329 Midlothian Rd Saint Louis, MO	3.0	1.0	854	$1,195	$1.40	4d	1	0.42mi
329 Midlothian Rd Saint Louis, MO	3.0	1.0	854	$1,195	$1.40	0d	1	0.42mi
10748 Spring Garden Dr Saint Louis, MO	3.0	1.0	927	$1,195	$1.29	45d	1	0.42mi
312 Banff Cir Saint Louis, MO	3.0	1.0	854	$1,175	$1.38	25d	1	0.43mi
10752 Spring Garden Dr Saint Louis, MO	3.0	1.0	927	$1,000	$1.08	19d	1	0.43mi
317 Cameron Rd Saint Louis, MO	3.0	1.0	854	$1,350	$1.58	25d	1	0.44mi
325 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,425	$1.67	0d	1	0.46mi
325 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,540	$1.80	45d	1	0.46mi
325 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,425	$1.67	13d	1	0.46mi
409 Shepley Dr Saint Louis, MO	3.0	1.0	854	$1,095	$1.28	0d	1	0.46mi
409 Shepley Dr Saint Louis, MO	3.0	1.0	854	$1,095	$1.28	5d	1	0.46mi
10772 Spring Garden Dr Saint Louis, MO	3.0	1.0	927	$1,399	$1.51	0d	1	0.47mi
345 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,195	$1.40	0d	1	0.50mi
10527 Prestwick Dr Saint Louis, MO	3.0	2.0	854	$1,395	$1.63	9d	1	0.51mi
10527 Prestwick Dr Saint Louis, MO	3.0	2.0	854	$1,395	$1.63	0d	1	0.51mi
10518 Gretna Cir Saint Louis, MO	3.0	1.0	1082	$1,450	$1.34	25d	1	0.53mi
432 Midlothian Rd Saint Louis, MO	3.0	1.0	1120	$1,295	$1.16	0d	1	0.54mi
432 Midlothian Rd Saint Louis, MO	3.0	1.0	1120	$1,350	$1.21	12d	1	0.54mi

HOA detail

• Monthly dues: $1 · $12/yr

Listing history 3 events

1. 2026-06-21
   days on market $109,900 Active 3 DOM
2. 2026-06-18
   remarks 695-char remark
3. 2026-06-18
   listed $109,900 Active 1 DOM

ⓘ 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: $1,307 · $109/mo
• Projected year-2 tax: $1,307 · $109/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: $17,138
• − Mortgage interest: −$6,156
• − Property taxes: −$1,307
• − Insurance: −$550
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − HOA: −$12
• − Depreciation: −$3,197
• Taxable income: $3,174
• Est. tax owed @ 24.0%: −$762
• After-tax cash flow: $3,993/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 — Glasgow Village

• Score: 55/100
• State rank: #756
• US rank: #23451

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glasgow Village, 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

+223.2% since first listed

14 events — show timeline

• 2026-06-18 Listed $109,900 MARIS as Distributed by MLS Grid
• 2026-06-18 Coming Soon $109,900 MARIS as Distributed by MLS Grid
• 2026-01-27 Price Changed $1,499 APPFOLIO
• 2025-10-22 Listed for Rent $1,510 APPFOLIO
• 2025-07-11 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2025-05-18 Pending — MARIS as Distributed by MLS Grid
• 2025-05-18 Listed $105,000 MARIS as Distributed by MLS Grid
• 2025-05-15 Coming Soon $105,000 MARIS as Distributed by MLS Grid
• 2019-03-27 Sold (Public Records) $56,000 Public Records
• 2019-03-25 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2019-03-21 Listed $58,500 MARIS as Distributed by MLS Grid
• 2019-03-21 Pending — MARIS as Distributed by MLS Grid
• 2009-10-23 Sold (Public Records) $34,000 Public Records
• 1991-11-22 Sold (Public Records) — Public Records

Property tax history

+3.8%/yr

Latest (2022): $1,307 · +1.0% YoY. Source: county tax records.