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720 E Wickersham Dr
D Composite 41.72
Why this score? — see what drove the D 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 +13.4/30.0
  • ARV discount +7.5/15.0
  • Schools +4.8/10.0
  • DSCR +4.0/10.0
  • Livability +3.9/5.0
  • Rent growth +3.1/5.0
  • 1% rule +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$200,000

720 E Wickersham Dr · Webb City, MO 64870
3 bd · 2.0 ba · 1,324 sqft · Other public records · 21 Days on market
Built 1977 0.26 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Comfortable ranch style house on corner lot in Webb City. Large kitchen/dining area. Some updating done in the past, and a little TLC will make this house a showplace!

Key facts

  • Quartz countertops
  • 0.26 acre lot
  • 2 garage spots

Tags

QUARTZ COUNTERTOPSLUXURY VINYL PLANK FLOORINGWEBB CITY SCHOOL DISTRICT

Property features AI

Exterior

  • Parking: Attached 2-car garage; 2 garage spaces
  • Utilities: Public sewer
  • Home design: Single-family residence; Freestanding; Residential property
  • Construction: Vinyl siding and brick exterior; Block foundation
  • Exterior features: Shingle roof; Lot dimensions approximately 154 x 75

Interior

  • Flooring: Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Natural gas heating; Central heating; Has cooling
  • Interior features: Vinyl flooring; 6 total rooms

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $200k.

Deal economics

  • At list price, monthly cash flow is $4 ($47/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $151k (24.6% below list).
  • Recommended offer: $151k (24.6% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 77/100 on livability (#35 in MO, #3,062 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities D-, commute F.
  • Webb City R-VII (suburban): math 53% / reading 60% proficiency, ranked #21 of 324 in MO (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Webster Primary Ctr. (407 students, 58% FRL); Webb City Middle (math 53% / reading 55%, grade B-, #46 of 391 statewide, top 12%, 696 students, 47% FRL); Webb City High (math 30% / reading 59%, grade F, #179 of 521 statewide, top 39%, 1,349 students, 40% FRL).
  • Market conditions: Rents rising (+2.5%/yr); 124 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 73% of comp listings sitting > 30 days — soft ceiling on asking rent; 602 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 5y 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.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,788 (24.6% below list)

Questions for the listing agent

  1. Built in 1977 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.75%
Cap rate
6.32%
Cash-on-cash
0.08%
DSCR
1.00
GRM
11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.49% rent growth · sell at horizon

5-year hold
IRR
-16.7%
Equity multiple
0.41×
Total profit
$-33,024
Equity at exit
$29,821
10-year hold
IRR
-9.5%
Equity multiple
0.43×
Total profit
$-31,955
Equity at exit
$17,292

Cash invested: $56,000 (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.

ZIP-level market 64870

Home prices YoY
-8.3%
Rents YoY
2.5%
Active inventory
124
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$1,508 high interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$55 /mo · $662/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$317
Net cashflow
$4

Break-even live

Break-even rent $1,503
Max offer price $200,000
Occupancy floor 95%

Sensitivity live

Price -10% $117 -5% $61 +0% $4 +5% $-53 +10% $-109
Rent -10% $-115 -5% $-56 +0% $4 +5% $64 +10% $123
Rate -1.0pp $105 -0.5pp $55 base $4 +0.5pp $-48 +1.0pp $-101

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
$50,000
Closing costs
$6,000
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1407 S Jefferson Ave Webb City, MO 3.0 2.0 1424 $1,650 $1.16 45d 1 0.43mi
1411 S Jefferson Ave Webb City, MO 3.0 2.0 1424 $1,650 $1.16 45d 1 0.43mi
1301 S Jefferson St Webb City, MO 3.0 2.0 1424 $1,650 $1.16 45d 1 0.45mi
1606 S Oronogo St Webb City, MO 3.0 1.0 1200 $1,200 $1.00 45d 1 0.75mi
1613 S Oronogo St Webb City, MO 3.0 2.0 1310 $1,400 $1.07 45d 1 0.80mi
1524 Brewster Ln Webb City, MO 3.0 2.0 1310 $1,450 $1.11 45d 1 0.87mi
214 S Tom St Webb City, MO 3.0 2.0 1556 $1,400 $0.90 22d 1 1.01mi
1405 W Aylor St Webb City, MO 4.0 2.0 1460 $1,450 $0.99 45d 1 1.09mi
737 N Oak St Webb City, MO 3.0 2.0 1180 $1,400 $1.19 45d 1 1.16mi
618 N Hall St Unit A Webb City, MO 3.0 2.0 1250 $1,400 $1.12 22d 1 1.39mi
612 Easton Unit B Webb City, MO 3.0 2.0 1560 $1,300 $0.83 22d 1 1.45mi

Listing history 23 events

  1. 2026-06-18
    status $200,000 Pending 21 DOM
  2. 2026-06-18
    days on market $200,000 Active 21 DOM
  3. 2026-06-17
    days on market $200,000 Active 20 DOM
  4. 2026-06-16
    days on market $200,000 Active 19 DOM
  5. 2026-06-15
    days on market $200,000 Active 18 DOM
  6. 2026-06-14
    days on market $200,000 Active 16 DOM
  7. 2026-06-13
    days on market $200,000 Active 15 DOM
  8. 2026-06-10
    days on market $200,000 Active 13 DOM
  9. 2026-06-09
    days on market $200,000 Active 12 DOM
  10. 2026-06-08
    days on market $200,000 Active 11 DOM
  11. 2026-06-07
    days on market $200,000 Active 10 DOM
  12. 2026-06-05
    days on market $200,000 Active 7 DOM
  13. 2026-06-02
    days on market $200,000 Active 5 DOM
  14. 2026-06-01
    days on market $200,000 Active 4 DOM
  15. 2026-05-31
    days on market $200,000 Active 3 DOM
  16. 2026-05-30
    days on market $200,000 Active 2 DOM
  17. 2026-05-28
    listed $200,000 Active
  18. 2021-11-10
    soldstatus
  19. 2021-11-05
    soldstatus 167-char remark
    Show marketing remark (167 chars)

    Comfortable ranch style house on corner lot in Webb City. Large kitchen/dining area. Some updating done in the past, and a little TLC will make this house a showplace!

  20. 2021-11-05
    soldstatus 167-char remark
    Show marketing remark (167 chars)

    Comfortable ranch style house on corner lot in Webb City. Large kitchen/dining area. Some updating done in the past, and a little TLC will make this house a showplace!

  21. 2021-06-07
    listed $94,900 167-char remark
    Show marketing remark (167 chars)

    Comfortable ranch style house on corner lot in Webb City. Large kitchen/dining area. Some updating done in the past, and a little TLC will make this house a showplace!

  22. 2021-06-07
    listed $94,900 167-char remark
    Show marketing remark (167 chars)

    Comfortable ranch style house on corner lot in Webb City. Large kitchen/dining area. Some updating done in the past, and a little TLC will make this house a showplace!

  23. 1998-11-30
    soldstatus

ⓘ 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
$662 · $55/mo
Projected year-2 tax
$1,940 · $162/mo
Expected delta
+$1,278/yr (+$107/mo · 193.3%)

ⓘ 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 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥106°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,095
− Mortgage interest
−$11,203
− Property taxes
−$662
− Insurance
−$1,000
− Repairs & maintenance
−$1,448
− Management
−$1,448
− Depreciation
−$5,818
Taxable loss
−$3,483
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$836
After-tax cash flow
$883/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
Webb City R-VII
NCES district ID
2931500
Math proficiency
53% ▼ -1.00%
Reading proficiency
60% ▼ -1.00%
Median HH income
$45,022
Composite
47.68/100
National rank
#2244
State rank
#21 of 324 in MO

Livability — Webb City

Score
77/100
State rank
#35
US rank
#3062

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Webb City, MO
County
Jasper County · 79,035 people
City population
16,186
Metro
Joplin, MO
Population (ZIP)
16,186
Household income
$68,300
Rent vs Own
35.4% rent · 64.6% own
Severe rent burden
427.0

Population outlook (Jasper County) Hauer SSP2

Today (2025)
120,033 people
By 2030
120,091 · +0.0%
By 2040
119,297 · -0.6%
By 2050
117,705 · -1.9%
By 2075
110,402 · -8.0%
By 2100
99,719 · -16.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (86%)
Race & ethnicity
White 86% Two or more races 8% Hispanic / Latino 4% Asian 2% Black 2%
Common ancestry
Lithuanian 2% Slovak 2% Italian 2%
Foreign-born
2% · Canada, China
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Jasper

2024 margin
Solid R (+46.8) · D 25.9% · R 72.7% · Other 1.4%
2008→2024 swing
-13.6pp toward R · 2008: -33.2pp · 2024: -46.8pp
All cycles
2024: R+46.8 2020: R+46.2 2016: R+50.8 2012: R+41.0 2008: R+33.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -24.29%
Current HPI
267.5318
Rent YoY
▲ 2.49%
Metro
Joplin, MO
State GDP YoY
▲ 1.84%
F500 in state
20

Industry mix (Fortune 500 HQ in MO)

Industry F500 HQs Revenue

Price history

+110.7% since first listed
7 events — show timeline
  • 2026-05-28 Listed $200,000 OGAR
  • 2021-11-10 Sold (Public Records) Public Records
  • 2021-11-05 Sold (MLS) OGAR
  • 2021-11-05 Sold (MLS) SOMO
  • 2021-06-07 Listed $94,900 SOMO
  • 2021-06-07 Listed $94,900 OGAR
  • 1998-11-30 Sold (Public Records) Public Records

Property tax history

+1.1%/yr

Latest (2025): $662 · +9.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…