7129 Garesche Ave · Jennings, MO 63136

$50,000

2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 109 Days on market

Built 1933 6,359 sqft lot $52/sqft · 19% below area Est $62k · 19% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +6.9/10.0
• Rent growth +3.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0

Listing remarks MLS

Fixer upper with potential! This 3 bedroom, 1 bath home is perfect for investors, rehabbers or buyers looking to renovate and add value. Great opportunity to build equity and strengthen your real estate investment portfolio.

Key facts

• 6,359 sq ft lot
• Built 1933
• Listed 109 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $485 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $46k (9.0% below list) — sets the bar for market timing.
• Cap rate 19.3% vs local median 12.2% in Jennings — 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 67/100 on livability (#208 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, commute A-, housing A-; Watch: schools D-, crime F, amenities F.
• Jennings (suburban): math 8% / reading 20% proficiency, ranked #315 of 324 in MO (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 86% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.0%/yr); 372 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 33% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($346 loan paydown + $2k appreciation (3.8% local appreciation)).
• At projected returns (3.8% appreciation + 5.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($46k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 4y ago; this cycle's ask has dropped $9k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1933 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $45,500 (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 1933 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 2.24% ✓
• Cap rate: 19.28%
• Cash-on-cash: 46.37%
• DSCR: 3.06
• GRM: 3.7

CMA / ARV

• ARV (median comp): $61,846
• List price: $50,000
• Delta: -19.15%
• 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
5218 Fletcher St	0.27mi	2/1.0	918 (-4%)	2mo	$75,000	$82	79
5220 Fletcher St	0.26mi	2/1.0	918 (-4%)	3mo	$64,900	$71	78
7041 Garesche Ave	0.07mi	2/1.0	864 (-10%)	3mo	$39,900	$46	78
7133 Beulah Ave	0.21mi	3/1.0 (+1)	1,039 (+8%)	1mo	$70,000	$67	70
6705 Kenwood Dr	0.52mi	2/1.0	912 (-5%)	2mo	$78,900	$87	65
7471 Sharon Dr	0.60mi	3/1.0 (+1)	945 (-2%)	0mo	$98,000	$104	64
5617 Janet Ave	0.45mi	3/1.0 (+1)	909 (-5%)	4mo	$39,900	$44	62
5537 Sunbury Ave	0.67mi	3/1.0 (+1)	936 (-2%)	0mo	$39,900	$43	59
5614 Albia Ter	0.57mi	3/2.0 (+1)	988 (+3%)	0mo	$125,000	$127	59
5544 Sapphire Ave	0.47mi	3/1.0 (+1)	888 (-8%)	3mo	$115,000	$130	58
6331 Saloma Ave	0.67mi	3/1.5 (+1)	1,008 (+5%)	1mo	$80,000	$79	52
4419 June Ave	0.58mi	2/1.5	816 (-15%)	4mo	$57,500	$70	42

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

Projected returns pro-forma

3.79% appreciation · 4.97% rent growth · sell at horizon

5-year hold

• IRR: 50.0%
• Equity multiple: 3.96×
• Total profit: $41,371
• Equity at exit: $24,739

10-year hold

• IRR: 49.9%
• Equity multiple: 8.50×
• Total profit: $105,067
• Equity at exit: $39,983

Cash invested: $14,000 (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 63136

• Home prices YoY: 0.9%
• Rents YoY: 5.0%
• Active inventory: 372
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,119 high
• Mortgage (P&I): −$262
• Tax from tax record: −$60 /mo · $717/yr
• Insurance: −$21
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $485

Break-even live

Break-even rent $504

Max offer price $50,000

Occupancy floor 52%

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7131 Garesche Ave Saint Louis, MO	2.0	1.0	918	$1,090	$1.19	3d	1	0.01mi
7036 Garesche Ave Saint Louis, MO	2.0	1.0	864	$950	$1.10	17d	1	0.09mi
7024 Idlewild Ave Saint Louis, MO	2.0	1.0	588	$995	$1.69	43d	1	0.12mi
7030 Emma Ave Saint Louis, MO	2.0	1.0	801	$1,350	$1.69	43d	1	0.21mi
5225 Fletcher St Saint Louis, MO	3.0	2.0	918	$1,295	$1.41	23d	1	0.26mi
7160 Beulah Ave Saint Louis, MO	2.0	1.0	784	$1,059	$1.35	43d	1	0.26mi
5516 Fairridge Ct Saint Louis, MO	2.0	1.0	1110	$995	$0.90	23d	1	0.30mi
5439 Hodiamont Ave Saint Louis, MO	2.0	1.0	770	$950	$1.23	17d	1	0.39mi
7218 Albright Ave Saint Louis, MO	2.0	1.0	1100	$980	$0.89	23d	1	0.40mi
7304 Albright Ave Saint Louis, MO	2.0	1.0	800	$1,100	$1.38	43d	1	0.43mi
5415 Hamilton Ave Unit Labs Jennings, MO	2.0	1.0	864	$1,100	$1.27	23d	1	0.44mi
7315 Albright Ave Saint Louis, MO	3.0	1.0	888	$1,150	$1.30	43d	1	0.47mi
5637 Jennings Station Rd Saint Louis, MO	3.0	1.0	1116	$895	$0.80	43d	1	0.47mi
5361 Wilborn Dr Saint Louis, MO	3.0	1.0	900	$1,420	$1.58	17d	1	0.50mi
5615 Beldon Dr Saint Louis, MO	2.0	1.0	850	$950	$1.12	43d	1	0.50mi
7431 Esterbrook Dr Saint Louis, MO	2.0	1.0	792	$1,350	$1.70	43d	1	0.56mi
5635 Hodiamont Ave Saint Louis, MO	2.0	1.0	580	$899	$1.55	20d	1	0.57mi
7142 Lamont Dr Saint Louis, MO	2.0	1.0	750	$1,100	$1.47	17d	1	0.59mi
5640 Sapphire Ave Saint Louis, MO	2.0	1.0	900	$1,100	$1.22	43d	1	0.60mi
7414 Pleaseway Dr Saint Louis, MO	2.0	1.0	768	$1,100	$1.43	43d	1	0.69mi
7205 Calvin Ave Saint Louis, MO	3.0	1.0	832	$750	$0.90	43d	1	0.69mi
7420 Pleaseway Dr Saint Louis, MO	2.0	1.0	952	$1,250	$1.31	21d	1	0.70mi
5662 Wilborn Dr Saint Louis, MO	1.0	1.0	768	$850	$1.11	23d	1	0.71mi
6150 Sherry Ave Saint Louis, MO	2.0	1.0	1032	$896	$0.87	23d	1	0.74mi
5654 Acme Ave Saint Louis, MO	2.0	1.0	968	$325	$0.34	21d	1	0.74mi
5613 Statler Ave Saint Louis, MO	2.0	1.0	864	$1,300	$1.50	4d	1	0.74mi
6153 Laura Ave Saint Louis, MO	2.0	1.0	834	$1,000	$1.20	23d	1	0.75mi
5636 Statler Ave Saint Louis, MO	1.0	1.0	777	$1,200	$1.54	23d	1	0.76mi
5546 Floy Ave Saint Louis, MO	2.0	2.0	850	$1,273	$1.50	20d	1	0.78mi
5600 Gatesworth Ave Saint Louis, MO	2.0	1.0	672	$1,095	$1.63	4d	1	0.78mi
7426 Calvin Ave Saint Louis, MO	2.0	1.0	1100	$1,125	$1.02	17d	1	0.80mi
5721 Floy Ave Saint Louis, MO	2.0	1.0	1032	$1,120	$1.09	23d	1	0.82mi
8344 Eton Pl Saint Louis, MO	2.0	1.0	750	$895	$1.19	3d	1	0.84mi
5741 Floy Ave Saint Louis, MO	2.0	1.0	1000	$1,100	$1.10	23d	1	0.84mi
7441 Calvin Ave Saint Louis, MO	3.0	1.0	1068	$1,350	$1.26	12d	1	0.85mi
5574 Era Ave Saint Louis, MO	3.0	1.0	850	$1,400	$1.65	11d	1	0.85mi
8347 Eton Pl Saint Louis, MO	2.0	1.0	750	$1,075	$1.43	43d	1	0.85mi
5756 Floy Ave Saint Louis, MO	2.0	1.0	1080	$995	$0.92	43d	1	0.89mi
8502 Dianthus Ln Saint Louis, MO	2.0	1.0	1072	$1,175	$1.10	23d	1	0.93mi
5936 Theodore Ave Saint Louis, MO	3.0	2.0	1008	$1,350	$1.34	43d	1	0.95mi

Listing history 40 events

1. 2026-06-18
   days on market $50,000 Active 109 DOM
2. 2026-06-17
   days on market $50,000 Active 108 DOM
3. 2026-06-16
   days on market $50,000 Active 107 DOM
4. 2026-06-15
   days on market $50,000 Active 106 DOM
5. 2026-06-13
   days on market $50,000 Active 104 DOM
6. 2026-06-09
   days on market $50,000 Active 100 DOM
7. 2026-06-08
   days on market $50,000 Active 99 DOM
8. 2026-06-07
   days on market $50,000 Active 98 DOM
9. 2026-06-03
   days on market $50,000 Active 94 DOM
10. 2026-06-02
    days on market $50,000 Active 93 DOM
11. 2026-06-01
    days on market $50,000 Active 92 DOM
12. 2026-05-31
    days on market $50,000 Active 91 DOM
13. 2026-05-04
    price $50,000 224-char remark

    Show marketing remark (224 chars)

    Fixer upper with potential! This 3 bedroom, 1 bath home is perfect for investors, rehabbers or buyers looking to renovate and add value. Great opportunity to build equity and strengthen your real estate investment portfolio.

14. 2026-03-19
    status Active 224-char remark

    Show marketing remark (224 chars)

    Fixer upper with potential! This 3 bedroom, 1 bath home is perfect for investors, rehabbers or buyers looking to renovate and add value. Great opportunity to build equity and strengthen your real estate investment portfolio.

15. 2026-03-19
    price $54,000 224-char remark

    Show marketing remark (224 chars)

    Fixer upper with potential! This 3 bedroom, 1 bath home is perfect for investors, rehabbers or buyers looking to renovate and add value. Great opportunity to build equity and strengthen your real estate investment portfolio.

16. 2026-02-28
    listed $59,000 Active 224-char remark

    Show marketing remark (224 chars)

    Fixer upper with potential! This 3 bedroom, 1 bath home is perfect for investors, rehabbers or buyers looking to renovate and add value. Great opportunity to build equity and strengthen your real estate investment portfolio.

17. 2024-09-19
    historical $1,250
18. 2024-09-17
    price $1,250
19. 2024-08-24
    listed $1,300
20. 2024-05-23
    historical $1,300
21. 2024-03-31
    listed $1,300
22. 2024-03-21
    soldstatus Closed 216-char remark

    Show marketing remark (216 chars)

    Ready to rent 3 bedroom 1 bath home. Rents are predicted to be in the $1100-1200 range. Newer floors, hot water heater, and freshly painted. Home to be sold as-is, but seller will provided a passed occupancy permit.

23. 2024-03-14
    historical $950
24. 2024-02-25
    status Pending 216-char remark

    Show marketing remark (216 chars)

    Ready to rent 3 bedroom 1 bath home. Rents are predicted to be in the $1100-1200 range. Newer floors, hot water heater, and freshly painted. Home to be sold as-is, but seller will provided a passed occupancy permit.

25. 2024-02-23
    listed $70,000 Active 216-char remark

    Show marketing remark (216 chars)

    Ready to rent 3 bedroom 1 bath home. Rents are predicted to be in the $1100-1200 range. Newer floors, hot water heater, and freshly painted. Home to be sold as-is, but seller will provided a passed occupancy permit.

26. 2023-11-11
    listed $950
27. 2022-09-19
    soldstatus $75,000
28. 2022-09-19
    soldstatus $98,900
29. 2022-05-06
    soldstatus $39,500
30. 2022-04-29
    soldstatus Closed
31. 2022-03-27
    status Pending
32. 2022-03-02
    status Active
33. 2022-02-09
    status Pending
34. 2022-01-28
    status Active
35. 2022-01-23
    status Pending
36. 2022-01-21
    listed $45,000 Active
37. 2022-01-20
    historical $45,000
38. 2006-03-30
    soldstatus $75,000
39. 2004-11-10
    soldstatus $63,000
40. 2004-03-17
    soldstatus $33,000

ⓘ 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: $717 · $60/mo
• Projected year-2 tax: $717 · $60/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 20 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: $13,424
• − Mortgage interest: −$2,801
• − Property taxes: −$717
• − Insurance: −$916
• − Repairs & maintenance: −$1,074
• − Management: −$1,074
• − Depreciation: −$1,455
• Taxable income: $5,387
• Est. tax owed @ 24.0%: −$1,293
• After-tax cash flow: $4,532/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: Jennings
• NCES district ID: 2916290
• Math proficiency: 8% ▼ -16.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $30,595
• Composite: 11.04/100
• National rank: #9739
• State rank: #315 of 324 in MO

Livability — Jennings

• Score: 67/100
• State rank: #208
• US rank: #10499

Category grades

Amenities F Commute A- 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

• Census place: Jennings, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 40,929
• Household income: $41,154
• Rent vs Own: 53.1% rent · 46.9% own
• Severe rent burden: 3085.0

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 (90%)
• Race & ethnicity: Black 90% White 5% Two or more races 3%
• Foreign-born: 1% · Canada

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: ▲ 3.79%
• Current HPI: 420.28
• Rent YoY: ▲ 4.97%
• 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

+51.5% since first listed

28 events — show timeline

• 2026-05-04 Price Changed $50,000 MARIS as Distributed by MLS Grid
• 2026-03-19 Relisted — MARIS as Distributed by MLS Grid
• 2026-03-19 Price Changed $54,000 MARIS as Distributed by MLS Grid
• 2026-02-28 Listed $59,000 MARIS as Distributed by MLS Grid
• 2024-09-19 Rental Removed $1,250 RENTEC
• 2024-09-17 Price Changed $1,250 RENTEC
• 2024-08-24 Listed for Rent $1,300 RENTEC
• 2024-05-23 Rental Removed $1,300 RENTEC
• 2024-03-31 Listed for Rent $1,300 RENTEC
• 2024-03-21 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2024-03-14 Rental Removed $950 APPFOLIO
• 2024-02-25 Pending — MARIS as Distributed by MLS Grid
• 2024-02-23 Listed $70,000 MARIS as Distributed by MLS Grid
• 2023-11-11 Listed for Rent $950 APPFOLIO
• 2022-09-19 Sold (Public Records) $98,900 Public Records
• 2022-09-19 Sold (Public Records) $75,000 Public Records
• 2022-05-06 Sold (Public Records) $39,500 Public Records
• 2022-04-29 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2022-03-27 Pending — MARIS as Distributed by MLS Grid
• 2022-03-02 Relisted — MARIS as Distributed by MLS Grid
• 2022-02-09 Pending — MARIS as Distributed by MLS Grid
• 2022-01-28 Relisted — MARIS as Distributed by MLS Grid
• 2022-01-23 Pending — MARIS as Distributed by MLS Grid
• 2022-01-21 Listed $45,000 MARIS as Distributed by MLS Grid
• 2022-01-20 Coming Soon $45,000 MARIS as Distributed by MLS Grid
• 2006-03-30 Sold (Public Records) $75,000 Public Records
• 2004-11-10 Sold (Public Records) $63,000 Public Records
• 2004-03-17 Sold (Public Records) $33,000 Public Records

Property tax history

+0.5%/yr

Latest (2022): $717 · +1.5% YoY. Source: county tax records.