701 N Hundley St · Albany, MO 64402

$108,100

4 bd · 3.0 ba · 1,536 sqft · Other public records · 139 Days on market

Built 1920 8,233 sqft lot $70/sqft · 165% above area ↓ 3% 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 +29.4/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.2/10.0
• 1% rule +7.0/10.0
• Livability +3.0/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Spacious 3+ bedroom home offering generous square footage and a flexible floor plan, perfect for investors, renovators, or buyers looking to create their dream home. Situated in a quiet small town setting, this property features oversized rooms, ample storage, and a large lot with room to expand or entertain. With solid bones and great layout, this fixer-upper is a rare opportunity to build equity and customize every detail. Sold As-Is.

Key facts

• 8,233 sq ft lot
• Listed 138 days

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath other listed at $108k.

Deal economics

• At list price, monthly cash flow is $383 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $108k).
• Recommended offer: $95k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#532 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime B+; Watch: employment D+, schools D, amenities F.
• Albany R-III (rural): math 27% / reading 42% proficiency, ranked #232 of 324 in MO (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 5 active listings in the ZIP; 3 units permitted in Gentry County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($747 loan paydown + $5k appreciation (4.4% local appreciation)).
• At projected returns (4.4% appreciation + 3.0% rent growth), your $30k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 139 days — a 12% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $95,128 (12.0% below list)

Questions for the listing agent

1. It's been on market 139 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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: 1.20% ✓
• Cap rate: 10.54%
• Cash-on-cash: 15.17%
• DSCR: 1.68
• GRM: 6.9

CMA / ARV

• ARV (median comp): $40,820
• List price: $108,100
• Delta: 164.82%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

4.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.7%
• Equity multiple: 2.50×
• Total profit: $45,474
• Equity at exit: $57,246

10-year hold

• IRR: 24.3%
• Equity multiple: 4.91×
• Total profit: $118,251
• Equity at exit: $95,629

Cash invested: $30,268 (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 64402

• Home prices YoY: 2.9%
• Active inventory: 5
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,302 medium
• Mortgage (P&I): −$567
• Tax from tax record: −$34 /mo · $404/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $383

Break-even live

Break-even rent $817

Max offer price $108,100

Occupancy floor 66%

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: $27,025
• Closing costs: $3,243
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $108,100 Active 139 DOM
2. 2026-06-17
   days on market $108,100 Active 138 DOM
3. 2026-06-16
   days on market $108,100 Active 137 DOM
4. 2026-06-15
   days on market $108,100 Active 136 DOM
5. 2026-06-14
   days on market $108,100 Active 134 DOM
6. 2026-06-13
   days on market $108,100 Active 133 DOM
7. 2026-06-10
   days on market $108,100 Active 131 DOM
8. 2026-06-09
   days on market $108,100 Active 130 DOM
9. 2026-06-08
   days on market $108,100 Active 129 DOM
10. 2026-06-07
    days on market $108,100 Active 128 DOM
11. 2026-06-03
    days on market $108,100 Active 124 DOM
12. 2026-06-02
    days on market $108,100 Active 123 DOM
13. 2026-06-01
    days on market $108,100 Active 122 DOM
14. 2026-05-31
    days on market $108,100 Active 121 DOM
15. 2026-05-30
    days on market $108,100 Active 120 DOM
16. 2026-05-18
    price $108,100 440-char remark

    Show marketing remark (440 chars)

    Spacious 3+ bedroom home offering generous square footage and a flexible floor plan, perfect for investors, renovators, or buyers looking to create their dream home. Situated in a quiet small town setting, this property features oversized rooms, ample storage, and a large lot with room to expand or entertain. With solid bones and great layout, this fixer-upper is a rare opportunity to build equity and customize every detail. Sold As-Is.

17. 2026-01-31
    listed $111,100 Active 440-char remark

    Show marketing remark (440 chars)

    Spacious 3+ bedroom home offering generous square footage and a flexible floor plan, perfect for investors, renovators, or buyers looking to create their dream home. Situated in a quiet small town setting, this property features oversized rooms, ample storage, and a large lot with room to expand or entertain. With solid bones and great layout, this fixer-upper is a rare opportunity to build equity and customize every detail. Sold As-Is.

18. 2025-12-09
    historical $111,100 440-char remark

    Show marketing remark (440 chars)

    Spacious 3+ bedroom home offering generous square footage and a flexible floor plan, perfect for investors, renovators, or buyers looking to create their dream home. Situated in a quiet small town setting, this property features oversized rooms, ample storage, and a large lot with room to expand or entertain. With solid bones and great layout, this fixer-upper is a rare opportunity to build equity and customize every detail. Sold As-Is.

19. 2025-12-04
    historical
20. 2025-12-04
    listed $111,100 Active
21. 2025-10-28
    historical

ⓘ 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: $404 · $34/mo
• Projected year-2 tax: $1,049 · $87/mo
• Expected delta: +$645/yr (+$54/mo · 159.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,619
• − Mortgage interest: −$6,055
• − Property taxes: −$404
• − Insurance: −$540
• − Repairs & maintenance: −$1,250
• − Management: −$1,250
• − Depreciation: −$3,145
• Taxable income: $2,976
• Est. tax owed @ 24.0%: −$714
• After-tax cash flow: $3,878/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: Albany R-III
• NCES district ID: 2902970
• Math proficiency: 27% ▬ 0.00%
• Reading proficiency: 42% ▼ -1.00%
• Median HH income: $38,392
• Composite: 28.77/100
• National rank: #6671
• State rank: #232 of 324 in MO

Livability — Albany

• Score: 59/100
• State rank: #532
• US rank: #19900

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Albany, MO
• City population: 2,258
• Population (ZIP): 2,258

Population outlook (Gentry County) Hauer SSP2

• Today (2025): 6,612 people
• By 2030: 6,572 · -0.6%
• By 2040: 6,521 · -1.4%
• By 2050: 6,457 · -2.3%
• By 2075: 6,346 · -4.0%
• By 2100: 6,036 · -8.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 3% Two or more races 1% Asian 1%
• Common ancestry: Slovak 4% Lithuanian 4% Italian 1%
• Foreign-born: 2% · China
• Languages at home: 97% English-only · Other Asian/Pacific 2% Spanish 1%

Political lean MEDSL · Gentry

• 2024 margin: Solid R (+61.8) · D 18.7% · R 80.5%
• 2008→2024 swing: -39.7pp toward R · 2008: -22.1pp · 2024: -61.8pp
• All cycles: 2024: R+61.8 2020: R+60.8 2016: R+56.0 2012: R+35.0 2008: R+22.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.38%
• Current HPI: 154.5444
• 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

-2.7% since first listed

6 events — show timeline

• 2026-05-18 Price Changed $108,100 Heartland MLS as Distributed by MLS Grid
• 2026-01-31 Listed $111,100 Heartland MLS as Distributed by MLS Grid
• 2025-12-09 Coming Soon $111,100 Heartland MLS as Distributed by MLS Grid
• 2025-12-04 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2025-12-04 Listed $111,100 Heartland MLS as Distributed by MLS Grid
• 2025-10-28 Coming Soon — Heartland MLS as Distributed by MLS Grid

Property tax history

+2.8%/yr

Latest (2025): $404 · +11.5% YoY. Source: county tax records.