CashFlowRE
Sign in Sign up
645 County Road 201 Multi-family
B Composite 73.57
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 +7.3/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Schools +2.2/10.0
  • Condition / age +1.0/5.0

$95,000

645 County Road 201 · Alton, MO 65606
1 bd · None ba · 2,940 sqft · MultiFamily · 230 Days on market
Built 2023 Poor condition 20 ac lot ↓ 28% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

Key facts

  • Guest lodging
  • Partial basement
  • 20 acre lot

Tags

AMISH-BUILT HOMESTEADTWO-STORY MAIN RESIDENCEPARTIAL BASEMENTINSULATED AND DRYWALLED HOMEGUEST LODGINGEXTENDED FAMILY SPACE

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 1-bed/?-bath multifamily listed at $95k. Condition is rated poor.

Deal economics

  • At list price, monthly cash flow is $881 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
  • Cap rate 17.4% vs local median 4.2% in Alton — 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 61/100 on livability (#441 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: commute D, schools F, crime F.
  • Alton R-IV (rural): math 18% / reading 37% proficiency, ranked #283 of 324 in MO (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 59 active listings in the ZIP; 5 units permitted in Oregon County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $5k of equity ($657 loan paydown + $4k appreciation (4.6% local appreciation)).
  • Oregon County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (4.6% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 230 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts; this cycle's ask has dropped $11k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • 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 $83,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 230 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  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 F-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. Crime grade is F 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?
  7. 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.
  8. 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.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
2.05%
Cap rate
17.42%
Cash-on-cash
39.74%
DSCR
2.77
GRM
4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
47.6%
Equity multiple
3.86×
Total profit
$75,986
Equity at exit
$51,666
10-year hold
IRR
45.7%
Equity multiple
7.85×
Total profit
$182,285
Equity at exit
$87,424

Cash invested: $26,600 (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 65606

Home prices YoY
3.4%
Active inventory
59
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,946 medium interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,425/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$409
Net cashflow
$881

Break-even live

Break-even rent $831
Max offer price $95,000
Occupancy floor 50%

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $1,946

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
$23,750
Closing costs
$2,850
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.

Listing history 27 events

  1. 2026-04-23
    price $128,000 1133-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  2. 2026-04-23
    price $128,000 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  3. 2026-04-02
    status Back on Market 1133-char remark
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

  4. 2026-04-02
    status Back on Market
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

  5. 2026-03-26
    status Active 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  6. 2026-03-26
    status Active
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  7. 2026-03-11
    status Under Contract
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  8. 2026-03-11
    status Under Contract 1133-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  9. 2026-03-11
    status Pending
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  10. 2026-03-11
    status Pending 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  11. 2026-01-26
    price $95,000
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  12. 2026-01-26
    price $145,000 1133-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  13. 2026-01-26
    price $145,000 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  14. 2026-01-26
    price $95,000
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  15. 2025-11-06
    price $169,000 1133-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  16. 2025-11-06
    price $169,000 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  17. 2025-10-28
    listed $106,000 Active
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  18. 2025-10-28
    status Back on Market
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  19. 2025-10-28
    status Back on Market 1133-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  20. 2025-10-28
    status Active 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  21. 2025-10-02
    status Pending 1707-char remark
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

  22. 2025-10-02
    status Under Contract 1133-char remark
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

  23. 2025-10-02
    historical
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

  24. 2025-08-20
    listed $106,000 New Listing
  25. 2025-08-20
    listed $106,000 Active
  26. 2025-07-31
    listed $179,000 Active 1707-char remark
    Show marketing remark (1707 chars)

    Secluded Amish-Built Homestead on 40 Wooded Acres - Alton, MONestled in the quiet Ozark hills just outside of Alton, Missouri, this 40-acre Amish-built homestead with option to split, offers a rare opportunity to embrace a self-sufficient lifestyle surrounded by nature. The property features a diverse landscape with young, regrowing timber following previous selective logging, offering privacy, natural beauty, and future value. Approximately 20 acres are fenced--some with woven wire, some barbed wire--ready for livestock, horses, or rotational pasture use. Formerly operated as a working sawmill, the land still includes the original overhead pavilion, an ideal structure to repurpose for woodworking, covered storage, or open-air events. The main residence is a solidly built 30x40 two-story home with an 18x30 partial basement, offering ample space for customization or finishing. A second residence, measuring 16x32, is insulated and drywalled, providing flexible use as guest housing, extended family quarters, or income-producing rental space. Supporting outbuildings include a 20x28 workshop, chicken coop, barn, and three storage sheds--perfect for tools, equipment, or animal care. A concrete cistern has already been started behind the main home, and a gravel driveway leads you through the trees, adding to the secluded, private atmosphere. Located just minutes from Alton but well off the beaten path, this property delivers the best of both worlds--convenience and quiet. Whether you're dreaming of a sustainable homestead, a hobby farm, hunting retreat, or rural investment, this property offers the freedom and foundation to bring your vision to life in the heart of the Missouri Ozarks.

  27. 2025-07-30
    listed $179,000 New Listing 1133-char remark
    Show marketing remark (1133 chars)

    Secluded 40-Acre Amish-Built Homestead – Alton, MO Escape to the Ozarks with this peaceful 40-acre Amish-Built homestead with option to split, just outside Alton, Missouri. The land features a mix of young, thriving timber and open areas, with approx. 20 acres fenced using a combination of woven wire and barbed wire—ideal for livestock or horses. Formerly used as a sawmill, the property includes an overhead pavilion perfect for continued use or creative repurposing. The main 30x40 two-story home includes an 18x30 partial basement, offering solid space and layout for customization. A second insulated and drywalled 16x32 home adds guest or rental potential. Additional features include a 20x28 shop, chicken coop, barn, three storage sheds, and a partially completed concrete cistern. A gravel driveway winds through the trees, adding to the property’s secluded charm. This is a rare opportunity to own a functional, versatile homestead in the heart of the Missouri Ozarks—ideal for self-sustaining living, farming, hunting, or rural business. Just a short drive from town, yet privately set in nature.

ⓘ 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 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 4% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,352
− Mortgage interest
−$5,321
− Property taxes
−$1,425
− Insurance
−$475
− Repairs & maintenance
−$1,868
− Management
−$1,868
− Depreciation
−$2,764
Taxable income
$9,631
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,311
After-tax cash flow
$8,258/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 · 12 photos

Poor 20/100 Extensive rehab

This property requires extensive renovations and repairs, including major work on the exterior, interior, and landscaping. Significant value can be added through these improvements.

Repairs flagged

  • Major Exterior siding — Weathered and in need of replacement
  • Major Interior walls — Bare and unfinished
  • Major Flooring — Worn and in need of replacement
  • Major HVAC/mechanicals — Not inspected but likely outdated
  • Major Landscaping — Sparse and unkempt

Value-add opportunities

  • Resale Paint interior walls — Enhances curb appeal and interior aesthetics
  • Resale Replace flooring — Improves living space and adds value
  • Both Landscaping — Enhances curb appeal and adds value

Renovation cost estimate screening

Repair itemSeverityEst. cost
Exterior siding · Weathered and in need of replacement Major $15,000–50,000
Interior walls · Bare and unfinished Major $15,000–50,000
Flooring · Worn and in need of replacement Major $15,000–50,000
HVAC/mechanicals · Not inspected but likely outdated Major $15,000–50,000
Landscaping · Sparse and unkempt Major $15,000–50,000
Total estimated repair cost · 5 items $75,000–250,000

Value-add ROI direction

  • Resale Paint interior walls — Enhances curb appeal and interior aesthetics
  • Resale Replace flooring — Improves living space and adds value
  • Both Landscaping — Enhances curb appeal and adds value

ⓘ 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
Alton R-IV
NCES district ID
2903060
Math proficiency
18% ▼ -6.00%
Reading proficiency
37% ▲ 2.00%
Median HH income
$29,501
Composite
22.1/100
National rank
#8179
State rank
#283 of 324 in MO

Livability — Alton

Score
61/100
State rank
#441
US rank
#18027

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
2,540

Population outlook (Oregon County) Hauer SSP2

Today (2025)
10,607 people
By 2030
10,352 · -2.4%
By 2040
9,829 · -7.3%
By 2050
9,286 · -12.5%
By 2075
8,392 · -20.9%
By 2100
7,136 · -32.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (94%)
Race & ethnicity
White 94% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Portuguese 3% Lithuanian 2% Slovak 1%
Foreign-born
1% · Vietnam
Languages at home
97% English-only · Arabic 2% Spanish 1% Vietnamese 1%

Political lean MEDSL · Oregon

2024 margin
Solid R (+69.1) · D 15.1% · R 84.2%
2008→2024 swing
-50.8pp toward R · 2008: -18.3pp · 2024: -69.1pp
All cycles
2024: R+69.1 2020: R+63.8 2016: R+60.1 2012: R+33.2 2008: R+18.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 4.62%
Current HPI
142.0523
Rent YoY
Metro
State GDP YoY
▲ 1.84%
F500 in state
20

Industry mix (Fortune 500 HQ in MO)

Industry F500 HQs Revenue

Price history

-28.5% since first listed
27 events — show timeline
  • 2026-04-23 Price Changed $128,000 CARMLS
  • 2026-04-23 Price Changed $128,000 SOMO
  • 2026-04-02 Relisted CARMLS
  • 2026-04-02 Relisted CARMLS
  • 2026-03-26 Relisted SOMO
  • 2026-03-26 Relisted SOMO
  • 2026-03-11 Pending CARMLS
  • 2026-03-11 Pending CARMLS
  • 2026-03-11 Pending SOMO
  • 2026-03-11 Pending SOMO
  • 2026-01-26 Price Changed $95,000 CARMLS
  • 2026-01-26 Price Changed $145,000 CARMLS
  • 2026-01-26 Price Changed $95,000 SOMO
  • 2026-01-26 Price Changed $145,000 SOMO
  • 2025-11-06 Price Changed $169,000 CARMLS
  • 2025-11-06 Price Changed $169,000 SOMO
  • 2025-10-28 Listed $106,000 SOMO
  • 2025-10-28 Relisted CARMLS
  • 2025-10-28 Relisted CARMLS
  • 2025-10-28 Relisted SOMO
  • 2025-10-02 Pending SOMO
  • 2025-10-02 Pending CARMLS
  • 2025-10-02 Listing Removed CARMLS
  • 2025-08-20 Listed $106,000 SOMO
  • 2025-08-20 Listed $106,000 CARMLS
  • 2025-07-31 Listed $179,000 SOMO
  • 2025-07-30 Listed $179,000 CARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…