718 E Broadway St · Monett, MO 65708

$62,500

3 bd · 1.5 ba · 1,596 sqft · SingleFamily · 13 Days on market

Built 1890 Poor condition 0.25 ac lot $39/sqft · 53% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Another GREAT OpportunityDiscover Timeless Charm in Downtown MonettStep into a piece of history with this 1890 antiquity nestled on a spacious . 25-acre lot in the heart of Downtown Monett. With 1,596 sqft of living space, this 3-bedroom, 2-bath is a Diamond in the rough. Come bring it back to beauty. HOME SWEET HOME!

Key facts

• Downtown monett
• Spacious lot
• 0.25 acre lot

Tags

• SPACIOUS LOT
• DOWNTOWN MONETT

Property features AI

Finance

• Financial info: Annual tax listed (see listing for details)

Exterior

• Parking: 3-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property
• Construction: Built as a single-story (one level)
• Exterior features: Outbuilding on the property; 0.25-acre lot

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: No heating; No cooling
• Interior features: One-level living

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $62k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $455 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $62k).
• Cap rate 23.2% vs local median 4.8% in Monett — 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 66/100 on livability (#252 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A-, housing B+; Watch: employment D, amenities F, commute F.
• Monett R-I (town): math 33% / reading 45% proficiency, ranked #168 of 324 in MO (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Monett Elem. (471 students, 68% FRL); Monett Middle (math 35% / reading 46%, grade F, #180 of 391 statewide, top 47%, 504 students, 63% FRL); Monett High (math 37% / reading 55%, grade D-, #170 of 521 statewide, top 33%, 746 students, 51% FRL).
• Market conditions: 122 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 57 units permitted in Barry County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $432 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Barry County population projected at -13% 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 $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1890 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $62,500

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1890 — 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. 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: 2.66% ✓
• Cap rate: 23.22%
• Cash-on-cash: 60.47%
• DSCR: 3.69
• GRM: 3.1

CMA / ARV

• ARV (median comp): $132,105
• List price: $62,500
• Delta: -52.69%
• 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
718 E Broadway St	0.00mi	3/1.5	1,596 (0%)	0mo	$62,500	$39	100
311 3rd St	0.32mi	3/2.0	1,440 (-10%)	1mo	$189,900	$132	66
616 Euclid Ave	0.65mi	3/1.0	1,575 (-1%)	3mo	$174,900	$111	63
1007 E Broadway St	0.21mi	3/2.0	1,792 (+12%)	8mo	$59,900	$33	61
103 N Oak St	0.29mi	3/2.0	1,485 (-7%)	15mo	$139,000	$94	60
801 N Central Ave	0.54mi	3/1.0	1,488 (-7%)	3mo	$79,900	$54	59
711 Frisco St	0.58mi	4/1.0 (+1)	1,672 (+5%)	0mo	$164,900	$99	58
710 Frisco St	0.62mi	3/1.0	1,468 (-8%)	4mo	$158,900	$108	52
909 N Central Ave	0.61mi	3/2.0	1,517 (-5%)	13mo	$197,750	$130	51
1006 9th St	0.57mi	3/2.0	1,804 (+13%)	10mo	$199,000	$110	41
1005 13th St	0.72mi	3/2.0	1,408 (-12%)	10mo	$229,000	$163	36
400 W Myrtle St	0.73mi	4/2.5 (+1)	1,388 (-13%)	0mo	$239,900	$173	35

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

Projected returns pro-forma

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

5-year hold

• IRR: 26.3%
• Equity multiple: 2.09×
• Total profit: $19,156
• Equity at exit: $9,319

10-year hold

• IRR: 34.1%
• Equity multiple: 4.15×
• Total profit: $55,185
• Equity at exit: $5,404

Cash invested: $17,500 (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 65708

• Home prices YoY: -16.8%
• Active inventory: 122
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,663 medium
• Mortgage (P&I): −$328
• Tax est. 1.5%: −$78 /mo · $938/yr
• Insurance: −$26
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $455

Break-even live

Break-even rent $1,087

Max offer price $62,500

Occupancy floor 68%

Sensitivity live

Price	-10% $498	-5% $477	+0% $455	+5% $434	+10% $412
Rent	-10% $324	-5% $390	+0% $455	+5% $521	+10% $587
Rate	-1.0pp $487	-0.5pp $471	base $455	+0.5pp $439	+1.0pp $423

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: $15,625
• Closing costs: $1,875
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1105 13th St Monett, MO	3.0	2.0	1526	$1,650	$1.08	14d	1	0.84mi
47 Whitley Ln Monett, MO	4.0	2.0	1559	$1,695	$1.09	14d	1	1.18mi
46 Whitley Ln Monett, MO	3.0	2.0	1390	$1,550	$1.12	14d	1	1.18mi
43 Whitley Ln Monett, MO	4.0	2.0	1559	$1,750	$1.12	14d	1	1.19mi

Listing history 2 events

1. 2026-05-18
   status Pending 319-char remark
2. 2026-05-05
   listed $62,500 Active 319-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $19,956
• − Mortgage interest: −$3,501
• − Property taxes: −$938
• − Insurance: −$5,431
• − Repairs & maintenance: −$1,596
• − Management: −$1,596
• − Depreciation: −$1,818
• Taxable income: $5,075
• Est. tax owed @ 24.0%: −$1,218
• After-tax cash flow: $4,245/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.

Condition & rehab AI · 8 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and maintenance, including a new roof and windows, to become move-in ready and increase its value.

Repairs flagged

• Major Rusty metal roof — Significant rust and visible damage.
• Major Broken windows — Structural integrity compromised.
• Major Overgrown vegetation — Hinders property value and maintenance.

Value-add opportunities

• Both New roof — Critical to safety and property value.
• Both New windows — Improves safety and energy efficiency.
• Both Landscaping and curb appeal — Enhances property value and appeal.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Rusty metal roof · Significant rust and visible damage.	Major	$15,000–50,000
Broken windows · Structural integrity compromised.	Major	$15,000–50,000
Overgrown vegetation · Hinders property value and maintenance.	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both New roof — Critical to safety and property value. ↑
• Both New windows — Improves safety and energy efficiency. ↑
• Both Landscaping and curb appeal — Enhances property value and appeal. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Monett R-I
• NCES district ID: 2921120
• Math proficiency: 33% ▲ 2.00%
• Reading proficiency: 45% ▼ -1.00%
• Median HH income: $42,139
• Composite: 32.87/100
• National rank: #5609
• State rank: #168 of 324 in MO

Livability — Monett

• Score: 66/100
• State rank: #252
• US rank: #12237

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Monett, MO
• City population: 12,690
• Population (ZIP): 12,690

Population outlook (Barry County) Hauer SSP2

• Today (2025): 35,207 people
• By 2030: 34,460 · -2.1%
• By 2040: 32,643 · -7.3%
• By 2050: 30,688 · -12.8%
• By 2075: 26,898 · -23.6%
• By 2100: 22,000 · -37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 25% Two or more races 13% Pacific Islander 2% Native American 2%
• Hispanic origin (detail): Mexican 17% Puerto Rican 2%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 2%
• Foreign-born: 10% · Canada
• Languages at home: 78% English-only · Spanish 20% Other Asian/Pacific 2%

Political lean MEDSL · Barry

• 2024 margin: Solid R (+63.5) · D 17.8% · R 81.3%
• 2008→2024 swing: -28.5pp toward R · 2008: -35.0pp · 2024: -63.5pp
• All cycles: 2024: R+63.5 2020: R+60.8 2016: R+59.7 2012: R+44.7 2008: R+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.13%
• Current HPI: 204.0484
• 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

3 events — show timeline

• 2026-06-05 Sold (MLS) — SOMO
• 2026-05-18 Pending — SOMO
• 2026-05-05 Listed $62,500 SOMO