1410 E Lindberg St · Springfield, MO 65804

$129,900

2 bd · 1.0 ba · 802 sqft · SingleFamily public records · 3 Days on market

Built 1942 6,970 sqft lot $162/sqft · 23% below area Est $168k · 23% under

---

Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.7/10.0
• 1% rule +4.0/10.0
• Livability +3.8/5.0
• Rent growth +3.3/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming and full of curb appeal, this updated home is the perfect turnkey investment opportunity! Featuring attractive exterior appeal and thoughtful updates throughout, this property is already generating reliable income with a tenant in place at $1,309/month through 08/31/2026.Investors will appreciate the stability of immediate cash flow without the hassle of finding a tenant, while the home itself offers long-term appeal with its inviting character. Whether you're looking to expand your rental portfolio or secure an investment property, this one checks all the boxes.

Key facts

• 6,970 sq ft lot
• Built 1942
• Listed 3 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single family residence; One story
• Construction: 0.16-acre lot
• Exterior features: Subdivision: Melrose Place

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air; Window air conditioning units
• Interior features: Basement

🏷️ Possibly a rental listed for sale. The $129,900 price doesn't fit this home's estimated sale value (~$168,450) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $113 ($1k/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 $117k (9.8% below list).
• Recommended offer: $117k (9.8% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 4.6% in Springfield — 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 75/100 on livability (#57 in MO, #4,121 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment F.
• Springfield R-XII (urban): math 32% / reading 46% proficiency, ranked #174 of 324 in MO (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Delaware Elem. (math 27% / reading 37%, grade F, #761 of 1,115 statewide, top 72%, 303 students, 66% FRL); Jarrett Middle (math 19% / reading 40%, grade F, #291 of 391 statewide, top 76%, 445 students, 70% FRL); Parkview High (math 11% / reading 40%, grade F, #433 of 521 statewide, top 83%, 1,234 students, 62% FRL) — zoned schools average 66% FRL vs 46% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.2%/yr); 260 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,302 units permitted in Greene County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Greene County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 4y 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

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,108 (9.8% below list)

Questions for the listing agent

1. Built in 1942 — 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. 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?
4. 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.
5. 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.
6. 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: 0.90% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.73%
• DSCR: 1.17
• GRM: 9.2

CMA / ARV

• ARV (median comp): $168,450
• List price: $129,900
• Delta: -22.89%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1500 E Lindberg St	0.14mi	2/1.0	800 (-0%)	2mo	$149,900	$187	92
1506 E Lindberg St	0.15mi	2/1.0	800 (-0%)	8mo	$189,900	$237	86
1513 E Mcgee St	0.17mi	2/1.0	768 (-4%)	3mo	$155,000	$202	83
1619 E Cherokee St	0.36mi	2/1.0	792 (-1%)	3mo	$110,000	$139	78
1426 E Whiteside St	0.07mi	2/1.0	840 (+5%)	13mo	$112,000	$133	78
1429 E Mcgee St	0.09mi	2/1.0	768 (-4%)	13mo	$155,000	$202	78
1247 E University St	0.53mi	2/1.0	772 (-4%)	18mo	$160,000	$207	54
1348 E Stanford St	0.55mi	2/1.0	910 (+14%)	3mo	$169,000	$186	49
1951 S Maryland Ave	0.55mi	2/2.0	884 (+10%)	17mo	$169,500	$192	39

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 · 3.23% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.63×
• Total profit: $-13,604
• Equity at exit: $19,369

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-1,586
• Equity at exit: $11,231

Cash invested: $36,372 (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 65804

• Rents YoY: 3.2%
• Active inventory: 260
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,171 high
• Mortgage (P&I): −$681
• Tax from tax record: −$77 /mo · $920/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $113

Break-even live

Break-even rent $1,028

Max offer price $129,900

Occupancy floor 85%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1277 E Wayland St Springfield, MO	3.0	1.0	992	$1,299	$1.31	23d	1	0.26mi
2116 S Fairway Ave Springfield, MO	1.0–2.0	1.0	700	$905	$1.29	13d	3	0.30mi
2142 S Fairway Ave Springfield, MO	1.0–2.0	1.0	700	$795	$1.14	13d	4	0.30mi
2051 S Kentwood Ave Unit 1 Springfield, MO	2.0	1.0	1000	$1,250	$1.25	13d	1	0.32mi
2035 S Florence Ave Springfield, MO	2.0	1.0	850	$1,195	$1.41	13d	1	0.41mi
1426 E University St Springfield, MO	2.0	1.0	1000	$1,400	$1.40	44d	1	0.46mi
1562 S National Ave Springfield, MO	3.0	1.0	1064	$1,225	$1.15	44d	1	0.75mi
1451 E Woodland St Springfield, MO	1.0	1.0	550	$695	$1.26	44d	1	0.84mi
932 E Sunset St Springfield, MO	2.0–3.0	2.0	1088	$1,695	$1.56	13d	3	0.88mi
2521 S Holland Ave Springfield, MO	1.0–2.0	1.0–2.0	1034	$1,695	$1.64	44d	1	1.01mi
1251 E Guinevere St Unit 16 Springfield, MO	2.0	2.0	700	$900	$1.29	44d	1	1.01mi
1235 E Guinevere St Unit K Springfield, MO	2.0	1.5	1000	$1,050	$1.05	44d	1	1.04mi
640 E Sunset St Springfield, MO	2.0	2.0	976	$1,695	$1.74	44d	1	1.08mi
2149 E Sunshine St Springfield, MO	1.0–2.0	1.0–1.5	671	$1,453	$2.17	13d	20	1.10mi
2020 E Bennett St Springfield, MO	1.0–2.0	1.0	743	$930	$1.25	44d	6	1.14mi
1364 E Battlefield Rd Springfield, MO	1.0	1.0	520	$2,729	$5.25	21d	5	1.21mi
2072 E Bennett St Springfield, MO	1.0–2.0	1.0	750	$935	$1.25	44d	5	1.22mi
2146 E Bennett St Unit 0 Springfield, MO	2.0	1.0	1009	$895	$0.89	44d	1	1.29mi
2621 S Jefferson Ave Unit 323 Springfield, MO	1.0	1.0	642	$1,295	$2.02	13d	1	1.32mi
2561 South Pl Unit B Springfield, MO	2.0	1.0	884	$850	$0.96	23d	1	1.33mi
1228 E Belmont St Springfield, MO	1.0–2.0	1.0	802	$930	$1.16	44d	1	1.48mi

Listing history 6 events

1. 2026-05-18
   status Pending 578-char remark
2. 2026-05-14
   listed $129,900 Active 578-char remark
3. 2022-04-17
   price $1,150
4. 2022-01-25
   listed $129,900
5. 2021-06-15
   soldstatus
6. 2021-04-30
   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: $920 · $77/mo
• Projected year-2 tax: $1,260 · $105/mo
• Expected delta: +$340/yr (+$28/mo · 37.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,053
• − Mortgage interest: −$7,276
• − Property taxes: −$920
• − Insurance: −$650
• − Repairs & maintenance: −$1,124
• − Management: −$1,124
• − Depreciation: −$3,779
• Taxable loss: −$820
• Est. tax savings @ 24.0%: +$197
• After-tax cash flow: $1,555/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: Springfield R-XII
• NCES district ID: 2928860
• Math proficiency: 32% ▼ -2.00%
• Reading proficiency: 46% ▼ -3.00%
• Median HH income: $37,886
• Composite: 32.45/100
• National rank: #5717
• State rank: #174 of 324 in MO

Livability — Springfield

• Score: 75/100
• State rank: #57
• US rank: #4121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springfield, MO
• County: Greene County · 244,327 people
• City population: 223,044
• Metro: Springfield, MO
• Population (ZIP): 40,935
• Household income: $62,301
• Rent vs Own: 44.7% rent · 55.3% own
• Severe rent burden: 1412.0

Population outlook (Greene County) Hauer SSP2

• Today (2025): 319,054 people
• By 2030: 335,135 · +5.0%
• By 2040: 366,186 · +14.8%
• By 2050: 397,431 · +24.6%
• By 2075: 477,035 · +49.5%
• By 2100: 520,828 · +63.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 5% Hispanic / Latino 4% Black 2% Asian 2%
• Common ancestry: Italian 3% Lithuanian 3% Slovak 3%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Greene

• 2024 margin: Strong R (+20.8) · D 38.9% · R 59.7% · Other 1.4%
• 2008→2024 swing: -5.0pp toward R · 2008: -15.8pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+20.1 2016: R+27.4 2012: R+24.4 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -271.81%
• Current HPI: 197.8418
• Rent YoY: ▲ 3.23%
• Metro: Springfield, MO
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

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

Price history

+0.0% since first listed

6 events — show timeline

• 2026-05-18 Pending — SOMO
• 2026-05-14 Listed $129,900 SOMO
• 2022-04-17 Price Changed $1,150 RENT.
• 2022-01-25 Listed $129,900 SOMO
• 2021-06-15 Sold (Public Records) — Public Records
• 2021-04-30 Sold (Public Records) — Public Records

Property tax history

+9.3%/yr

Latest (2025): $920 · +3.3% YoY. Source: county tax records.