319 N Main St · Cardwell, MO 63829

$57,000

3 bd · 1.0 ba · 1,274 sqft · Other public records · 268 Days on market

Built 1955 0.32 ac lot $45/sqft · 28% below area Est $79k · 28% under ↓ 18% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.0/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

Charming brick exterior home with shingle roof featuring 3 bedrooms, 1 bathroom, kitchen, dining room, and spacious living room. Enjoy the convenience of an enclosed back porch with laundry area. Home offers central heat and air for year-round comfort. This home has hardwood flooring throughout. Property is being sold AS IS.

Key facts

• Enclosed back porch
• Brick exterior
• Laundry area

Tags

• BRICK EXTERIOR
• SHINGLE ROOF
• ENCLOSED BACK PORCH
• LAUNDRY AREA
• CENTRAL HEAT AND AIR

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $57k.

Deal economics

• At list price, monthly cash flow is $71 ($849/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $57k).
• Recommended offer: $50k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 53/100 on livability (#809 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: health & safety C-, schools F, crime F.
• Southland C-9 (rural): math 20% / reading 30% proficiency, ranked #494 of 535 in MO (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 1 active listings in the ZIP; 30 units permitted in Dunklin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($394 loan paydown + $2k appreciation (3.0% local appreciation)).
• Dunklin County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 268 days — a 12% lower offer ($50k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $460/mo; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $50,160 (12.0% below list)

Questions for the listing agent

1. It's been on market 268 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.97% ✓
• Cap rate: 17.48%
• Cash-on-cash: 39.94%
• DSCR: 2.78
• GRM: 4.2

CMA / ARV

• ARV (median comp): $78,816
• List price: $57,000
• Delta: -27.68%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 12.7%
• Equity multiple: 1.73×
• Total profit: $11,651
• Equity at exit: $25,630

10-year hold

• IRR: 15.0%
• Equity multiple: 3.23×
• Total profit: $35,547
• Equity at exit: $39,498

Cash invested: $15,960 (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 63829

• Active inventory: 1
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,123 medium
• Mortgage (P&I): −$299
• Tax from tax record: −$33 /mo · $396/yr
• Insurance: −$24
• Flood insurance flood zone: −$460 /mo · $5,525/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $71

Break-even live

Break-even rent $1,033

Max offer price $57,000

Occupancy floor 89%

Sensitivity live

Price	-10% $103	-5% $87	+0% $71	+5% $55	+10% $39
Rent	-10% $-18	-5% $26	+0% $71	+5% $115	+10% $159
Rate	-1.0pp $99	-0.5pp $85	base $71	+0.5pp $56	+1.0pp $41

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,250
• Closing costs: $1,710
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $57,000 Active 268 DOM
2. 2026-06-18
   days on market $57,000 Active 267 DOM
3. 2026-06-17
   days on market $57,000 Active 266 DOM
4. 2026-06-16
   days on market $57,000 Active 265 DOM
5. 2026-06-15
   days on market $57,000 Active 264 DOM
6. 2026-06-14
   days on market $57,000 Active 262 DOM
7. 2026-06-12
   days on market $57,000 Active 261 DOM
8. 2026-06-09
   days on market $57,000 Active 258 DOM
9. 2026-06-08
   days on market $57,000 Active 257 DOM
10. 2026-06-07
    days on market $57,000 Active 256 DOM
11. 2026-06-03
    days on market $57,000 Active 252 DOM
12. 2026-06-02
    days on market $57,000 Active 251 DOM
13. 2026-06-01
    days on market $57,000 Active 250 DOM
14. 2026-05-31
    days on market $57,000 Active 249 DOM
15. 2026-05-30
    days on market $57,000 Active 248 DOM
16. 2026-04-27
    price $57,000 327-char remark

    Show marketing remark (327 chars)

    Charming brick exterior home with shingle roof featuring 3 bedrooms, 1 bathroom, kitchen, dining room, and spacious living room. Enjoy the convenience of an enclosed back porch with laundry area. Home offers central heat and air for year-round comfort. This home has hardwood flooring throughout. Property is being sold AS IS.

17. 2026-02-27
    price $59,900 327-char remark

    Show marketing remark (327 chars)

    Charming brick exterior home with shingle roof featuring 3 bedrooms, 1 bathroom, kitchen, dining room, and spacious living room. Enjoy the convenience of an enclosed back porch with laundry area. Home offers central heat and air for year-round comfort. This home has hardwood flooring throughout. Property is being sold AS IS.

18. 2025-11-14
    price $64,000 327-char remark

    Show marketing remark (327 chars)

    Charming brick exterior home with shingle roof featuring 3 bedrooms, 1 bathroom, kitchen, dining room, and spacious living room. Enjoy the convenience of an enclosed back porch with laundry area. Home offers central heat and air for year-round comfort. This home has hardwood flooring throughout. Property is being sold AS IS.

19. 2025-09-24
    listed $69,900 Active 327-char remark

    Show marketing remark (327 chars)

    Charming brick exterior home with shingle roof featuring 3 bedrooms, 1 bathroom, kitchen, dining room, and spacious living room. Enjoy the convenience of an enclosed back porch with laundry area. Home offers central heat and air for year-round comfort. This home has hardwood flooring throughout. Property is being sold AS IS.

ⓘ 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: $396 · $33/mo
• Projected year-2 tax: $553 · $46/mo
• Expected delta: +$157/yr (+$13/mo · 39.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AE · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,471
• − Mortgage interest: −$3,193
• − Property taxes: −$396
• − Insurance: −$5,810
• − Repairs & maintenance: −$1,078
• − Management: −$1,078
• − Depreciation: −$1,658
• Taxable income: $259
• Est. tax owed @ 24.0%: −$62
• After-tax cash flow: $787/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: Southland C-9
• NCES district ID: 2928620
• Math proficiency: 20% ▬ 0.00%
• Reading proficiency: 30% ▼ -5.00%
• Median HH income: $29,586
• Composite: 23.13/100
• National rank: #13345
• State rank: #494 of 535 in MO

Livability — Cardwell

• Score: 53/100
• State rank: #809
• US rank: #24260

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cardwell, MO
• Population (ZIP): 1,082

Population outlook (Dunklin County) Hauer SSP2

• Today (2025): 28,599 people
• By 2030: 27,230 · -4.8%
• By 2040: 24,696 · -13.6%
• By 2050: 22,402 · -21.7%
• By 2075: 17,776 · -37.8%
• By 2100: 13,890 · -51.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Two or more races 15% Hispanic / Latino 11%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Romanian 4% Iranian 3% Serbian 2%
• Foreign-born: 2% · Canada
• Languages at home: 92% English-only · Spanish 8%

Political lean MEDSL · Dunklin

• 2024 margin: Solid R (+61.8) · D 18.8% · R 80.5%
• 2008→2024 swing: -40.5pp toward R · 2008: -21.3pp · 2024: -61.8pp
• All cycles: 2024: R+61.8 2020: R+57.0 2016: R+53.6 2012: R+30.2 2008: R+21.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

-18.5% since first listed

4 events — show timeline

• 2026-04-27 Price Changed $57,000 MARIS as Distributed by MLS Grid
• 2026-02-27 Price Changed $59,900 MARIS as Distributed by MLS Grid
• 2025-11-14 Price Changed $64,000 MARIS as Distributed by MLS Grid
• 2025-09-24 Listed $69,900 MARIS as Distributed by MLS Grid

Property tax history

+3.1%/yr

Latest (2025): $396 · +1.0% YoY. Source: county tax records.