11342 Potosi Lake Rd · Terre du Lac, MO 63660

$58,000

2 bd · 1.0 ba · 1,632 sqft · Other public records · 76 Days on market

Built 1959 9,408 sqft lot $36/sqft · 56% below area $15/mo HOA · 1% of rent ↓ 7% since listing

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +4.1/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Enjoy the best of lakefront living in this 2 bed 1 bath home with direct water access and your own private dock. nestled along the shoreline, this inviting retreat offers a private walkway leading straight to the water, perfect for casting a fishing line, or simply soaking in the sun and the peaceful lake views. Inside, the home features a war and welcoming living space with cozy woodburning fireplace, creating the perfect setting for relaxing evenings after a day on the water. Large windows invite in natural light and showcase beautiful lake views, enhancing the tranquil atmoshpere throughout. This lakefront gem offers endless opportunities for boating, fishing, and making unforgettable memories on the water. Don't miss your chance to own a slice of waterfront paradise! **The well servicing the property is located on a neighboring parcel and is not included in the sale of this property. There is currently no well agreement in place** This property is eligible for homepath financing. This is a Fannie Mae homepath property.

Key facts

• Lakefront living
• Private walkway
• Lake views

Tags

• LAKEFRONT LIVING
• DIRECT WATER ACCESS
• PRIVATE DOCK
• PRIVATE WALKWAY
• LAKE VIEWS
• WOODBURNING FIREPLACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $58k.

Deal economics

• At list price, monthly cash flow is $439 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $58k).
• Recommended offer: $55k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.4% vs local median 2.3% in Terre du Lac — 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 65/100 on livability (#267 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D, amenities F, commute F.
• Potosi R-III (town): math 44% / reading 56% proficiency, ranked #53 of 324 in MO (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 12 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($401 loan paydown + $2k appreciation (3.0% local appreciation)).
• Washington County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($55k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,520 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 1.77% ✓
• Cap rate: 15.38%
• Cash-on-cash: 32.47%
• DSCR: 2.44
• GRM: 4.7

CMA / ARV

• ARV (median comp): $131,548
• List price: $58,000
• Delta: -55.91%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 38.2%
• Equity multiple: 3.15×
• Total profit: $34,970
• Equity at exit: $26,079

10-year hold

• IRR: 38.2%
• Equity multiple: 6.25×
• Total profit: $85,274
• Equity at exit: $40,191

Cash invested: $16,240 (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 63660

• Active inventory: 12
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,027 medium
• Mortgage (P&I): −$304
• Tax from tax record: −$28 /mo · $340/yr
• Insurance: −$24
• HOA: −$15
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $439

Break-even live

Break-even rent $470

Max offer price $58,000

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: $14,500
• Closing costs: $1,740
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $15 · $180/yr
• Likely covers: water

Listing history 6 events

1. 2026-06-03
   status $58,000 Pending 76 DOM
2. 2026-06-02
   days on market $58,000 Active 76 DOM
3. 2026-06-01
   days on market $58,000 Active 75 DOM
4. 2026-05-31
   days on market $58,000 Active 74 DOM
5. 2026-05-01
   price $58,000 1039-char remark

   Show marketing remark (1039 chars)

   Enjoy the best of lakefront living in this 2 bed 1 bath home with direct water access and your own private dock. nestled along the shoreline, this inviting retreat offers a private walkway leading straight to the water, perfect for casting a fishing line, or simply soaking in the sun and the peaceful lake views. Inside, the home features a war and welcoming living space with cozy woodburning fireplace, creating the perfect setting for relaxing evenings after a day on the water. Large windows invite in natural light and showcase beautiful lake views, enhancing the tranquil atmoshpere throughout. This lakefront gem offers endless opportunities for boating, fishing, and making unforgettable memories on the water. Don't miss your chance to own a slice of waterfront paradise! **The well servicing the property is located on a neighboring parcel and is not included in the sale of this property. There is currently no well agreement in place** This property is eligible for homepath financing. This is a Fannie Mae homepath property.

6. 2026-03-18
   listed $62,500 Active 1039-char remark

   Show marketing remark (1039 chars)

   Enjoy the best of lakefront living in this 2 bed 1 bath home with direct water access and your own private dock. nestled along the shoreline, this inviting retreat offers a private walkway leading straight to the water, perfect for casting a fishing line, or simply soaking in the sun and the peaceful lake views. Inside, the home features a war and welcoming living space with cozy woodburning fireplace, creating the perfect setting for relaxing evenings after a day on the water. Large windows invite in natural light and showcase beautiful lake views, enhancing the tranquil atmoshpere throughout. This lakefront gem offers endless opportunities for boating, fishing, and making unforgettable memories on the water. Don't miss your chance to own a slice of waterfront paradise! **The well servicing the property is located on a neighboring parcel and is not included in the sale of this property. There is currently no well agreement in place** This property is eligible for homepath financing. This is a Fannie Mae homepath property.

ⓘ 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: $340 · $28/mo
• Projected year-2 tax: $563 · $47/mo
• Expected delta: +$223/yr (+$19/mo · 65.6%)

ⓘ 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 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,319
• − Mortgage interest: −$3,249
• − Property taxes: −$340
• − Insurance: −$290
• − Repairs & maintenance: −$986
• − Management: −$986
• − HOA: −$180
• − Depreciation: −$1,687
• Taxable income: $4,602
• Est. tax owed @ 24.0%: −$1,105
• After-tax cash flow: $4,168/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: Potosi R-III
• NCES district ID: 2925500
• Math proficiency: 44% ▼ -14.00%
• Reading proficiency: 56% ▼ -6.00%
• Median HH income: $34,151
• Composite: 41.22/100
• National rank: #3536
• State rank: #53 of 324 in MO

Livability — Terre du Lac

• Score: 65/100
• State rank: #267
• US rank: #12617

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,489

Population outlook (Washington County) Hauer SSP2

• Today (2025): 23,761 people
• By 2030: 22,923 · -3.5%
• By 2040: 20,992 · -11.7%
• By 2050: 18,849 · -20.7%
• By 2075: 13,749 · -42.1%
• By 2100: 9,016 · -62.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 12% Two or more races 4%
• Common ancestry: Lithuanian 3% Iranian 1% Portuguese 1%
• Foreign-born: 1% · Philippines
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Washington

• 2024 margin: Solid R (+65.2) · D 17.1% · R 82.3%
• 2008→2024 swing: -65.3pp toward R · 2008: 0.1pp · 2024: -65.2pp
• All cycles: 2024: R+65.2 2020: R+62.6 2016: R+55.2 2012: R+18.6 2008: D+0.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-7.2% since first listed

2 events — show timeline

• 2026-05-01 Price Changed $58,000 MARIS as Distributed by MLS Grid
• 2026-03-18 Listed $62,500 MARIS as Distributed by MLS Grid

Property tax history

+0.7%/yr

Latest (2025): $340 · +10.5% YoY. Source: county tax records.