14247 Highway 43 · Seneca, MO 64865

$94,500

2 bd · 1.0 ba · 1,436 sqft · Other public records · 3 Days on market

Built 1952 1.97 ac lot

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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 +26.0/30.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• Schools +3.3/10.0
• Livability +3.0/5.0
• Appreciation +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Enjoy country living with a beautiful view on 1.97 acres just outside of town in the desirable Seneca school district. This 3-bedroom home offers plenty of potential and a peaceful setting with room to make it your own. A little TLC will go a long way in bringing out the charm and possibilities this property has to offer. Convenient location with the feel of country living, open space, and scenic surroundings.

Key facts

• Beautiful view
• Open space
• Scenic surroundings

Tags

• BEAUTIFUL VIEW
• SENECA SCHOOL DISTRICT
• OPEN SPACE
• SCENIC SURROUNDINGS

Property features AI

Exterior

• Parking: No designated parking
• Utilities: Septic tank
• Home design: Single-family residence; Freestanding; Residential property
• Construction: Vinyl siding; Block foundation; Built with composition roof
• Exterior features: Composition roof; Sloping lot

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 1 room total
• Flooring: Vinyl flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Has heating; Has cooling
• Interior features: Wood-burning fireplace; Unfinished basement; Sloping interior grade
• Laundry & utility: Basement utility area

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $94k.

Deal economics

• At list price, monthly cash flow is $237 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).

Location & tenants

• Location reads 60/100 on livability (#497 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Seneca R-VII (rural): math 34% / reading 43% proficiency, ranked #170 of 324 in MO (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Seneca Elem. (math 22% / reading 32%, grade F, #850 of 1,115 statewide, top 78%, 441 students, 53% FRL); Seneca Junior High (math 33% / reading 31%, grade F, #272 of 391 statewide, top 70%, 200 students, 48% FRL).
• Market conditions: 43 active listings in the ZIP; 110 units permitted in Newton County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $653 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Newton County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 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 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire 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 $94,500

Questions for the listing agent

1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is D 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?
5. 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.
6. 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.
7. 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: 1.12% ✓
• Cap rate: 9.30%
• Cash-on-cash: 10.73%
• DSCR: 1.48
• GRM: 7.5

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: -0.3%
• Equity multiple: 0.99×
• Total profit: $-265
• Equity at exit: $14,090

10-year hold

• IRR: 9.4%
• Equity multiple: 1.72×
• Total profit: $19,097
• Equity at exit: $8,171

Cash invested: $26,460 (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 64865

• Home prices YoY: -1.9%
• Active inventory: 43
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,056 medium
• Mortgage (P&I): −$496
• Tax from tax record: −$63 /mo · $756/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $237

Break-even live

Break-even rent $757

Max offer price $94,500

Occupancy floor 73%

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: $23,625
• Closing costs: $2,835
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-09
   status $94,500 Pending 3 DOM
2. 2026-06-08
   days on market $94,500 Active 3 DOM
3. 2026-06-07
   remarks 413-char remark
4. 2026-06-07
   listed $94,500 Active 2 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: $756 · $63/mo
• Projected year-2 tax: $917 · $76/mo
• Expected delta: +$161/yr (+$13/mo · 21.3%)

ⓘ 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 5/10 Major 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,675
• − Mortgage interest: −$5,293
• − Property taxes: −$756
• − Insurance: −$472
• − Repairs & maintenance: −$1,014
• − Management: −$1,014
• − Depreciation: −$2,749
• Taxable income: $1,377
• Est. tax owed @ 24.0%: −$330
• After-tax cash flow: $2,508/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: Seneca R-VII
• NCES district ID: 2927900
• Math proficiency: 34% ▲ 4.00%
• Reading proficiency: 43% ▲ 2.00%
• Median HH income: $44,695
• Composite: 32.71/100
• National rank: #5642
• State rank: #170 of 324 in MO

Livability — Seneca

• Score: 60/100
• State rank: #497
• US rank: #19279

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 5,260

Population outlook (Newton County) Hauer SSP2

• Today (2025): 59,151 people
• By 2030: 58,961 · -0.3%
• By 2040: 57,609 · -2.6%
• By 2050: 54,775 · -7.4%
• By 2075: 46,140 · -22.0%
• By 2100: 34,348 · -41.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Two or more races 12% Native American 3% Hispanic / Latino 2% Pacific Islander 2%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 1% Other Asian/Pacific 1% German/W. Germanic 1%

Political lean MEDSL · Newton

• 2024 margin: Solid R (+58.6) · D 20.2% · R 78.8% · Other 1.0%
• 2008→2024 swing: -18.5pp toward R · 2008: -40.1pp · 2024: -58.6pp
• All cycles: 2024: R+58.6 2020: R+57.4 2016: R+58.7 2012: R+46.9 2008: R+40.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -4.73%
• Current HPI: 237.2866
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-04 Listed $94,500 SOMO
• 2026-06-04 Listed $94,500 OGAR

Property tax history

+4.0%/yr

Latest (2025): $756 · +30.2% YoY. Source: county tax records.