5303 Hodiamont Ave · Jennings, MO 63136

$39,900

2 bd · 1.0 ba · 990 sqft · SingleFamily public records · 38 Days on market

Built 1947 6,398 sqft lot $40/sqft · 35% below area Est $61k · 35% under ↓ 4% since listing

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Why this score? — see what drove the A- 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 +6.9/10.0
• Rent growth +3.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0

Listing remarks

A great option for investors, first-time buyers, self-employed buyers, or anyone seeking an alternative to traditional financing. Great for rental income, resale, or long-term hold with strong upside potential. Also available: 2152 Erick Ave, St. Louis, MO 63121. Both properties can be purchased together as a package deal. Features & Benefits: • Great rental or resale opportunity • Investor pricing Don’t miss this chance to secure an affordable property with flexible terms and strong investment potential!

Key facts

• 6,398 sq ft lot
• Garage
• Built 1947

Property features AI

Exterior

• Parking: 1-car garage
• Utilities: Public water; Public sewer; Electricity available
• Home design: Single-family residential; One level
• Construction: Frame construction
• Exterior features: Lot features: Other

Interior

• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Wood
• Bathrooms: 1 full bathroom (on the main level)
• Heating & cooling: No heating; No cooling
• Interior features: Wood flooring; Partially finished basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $605 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $39k (3.0% below list) — sets the bar for market timing.
• Cap rate 24.5% vs local median 12.2% in Jennings — 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 67/100 on livability (#208 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, commute A-, housing A-; Watch: schools D-, crime F, amenities F.
• Jennings (suburban): math 8% / reading 20% proficiency, ranked #315 of 324 in MO (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 86% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.0%/yr); 372 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).
• This rent runs 33% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($276 loan paydown + $2k appreciation (3.8% local appreciation)).
• At projected returns (3.8% appreciation + 5.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $18k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $38,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 2.86% ✓
• Cap rate: 24.48%
• Cash-on-cash: 64.96%
• DSCR: 3.89
• GRM: 2.9

CMA / ARV

• ARV (median comp): $60,964
• List price: $39,900
• Delta: -34.55%
• 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
6331 Saloma Ave	0.30mi	3/1.5 (+1)	1,008 (+2%)	1mo	$80,000	$79	75
7127 Theodore Ave	0.36mi	2/1.0	936 (-6%)	4mo	$49,900	$53	71
7133 Beulah Ave	0.40mi	3/1.0 (+1)	1,039 (+5%)	1mo	$70,000	$67	67
5712 Floy Ave	0.67mi	2/1.0	966 (-2%)	1mo	$62,000	$64	64
7041 Garesche Ave	0.33mi	2/1.0	864 (-13%)	3mo	$39,900	$46	61
5218 Fletcher St	0.53mi	2/1.0	918 (-7%)	2mo	$75,000	$82	61
5709 Goodfellow Blvd	0.67mi	2/1.0	1,020 (+3%)	4mo	$19,900	$20	61
5220 Fletcher St	0.53mi	2/1.0	918 (-7%)	3mo	$64,900	$71	60
6705 Kenwood Dr	0.59mi	2/1.0	912 (-8%)	2mo	$78,900	$87	58
7126 Theodore Ave	0.35mi	3/1.0 (+1)	1,123 (+13%)	2mo	$34,900	$31	54
5617 Janet Ave	0.53mi	3/1.0 (+1)	909 (-8%)	4mo	$39,900	$44	53
5637 Jennings Station Rd	0.60mi	3/1.0 (+1)	1,116 (+13%)	2mo	$30,000	$27	44

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

Projected returns pro-forma

3.79% appreciation · 4.97% rent growth · sell at horizon

5-year hold

• IRR: 72.4%
• Equity multiple: 5.24×
• Total profit: $47,350
• Equity at exit: $19,742

10-year hold

• IRR: 72.0%
• Equity multiple: 11.41×
• Total profit: $116,247
• Equity at exit: $31,907

Cash invested: $11,172 (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 63136

• Home prices YoY: 0.9%
• Rents YoY: 5.0%
• Active inventory: 372
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,139 high
• Mortgage (P&I): −$209
• Tax from tax record: −$70 /mo · $835/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $605

Break-even live

Break-even rent $374

Max offer price $39,900

Occupancy floor 42%

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: $9,975
• Closing costs: $1,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5361 Wilborn Dr Saint Louis, MO	3.0	1.0	900	$1,420	$1.58	17d	1	0.14mi
5415 Hamilton Ave Unit Labs Jennings, MO	2.0	1.0	864	$1,100	$1.27	23d	1	0.16mi
5439 Hodiamont Ave Saint Louis, MO	2.0	1.0	770	$950	$1.23	17d	1	0.21mi
7036 Garesche Ave Saint Louis, MO	2.0	1.0	864	$950	$1.10	17d	1	0.29mi
7024 Idlewild Ave Saint Louis, MO	2.0	1.0	588	$995	$1.69	43d	1	0.30mi
6150 Sherry Ave Saint Louis, MO	2.0	1.0	1032	$896	$0.87	23d	1	0.35mi
6153 Laura Ave Saint Louis, MO	2.0	1.0	834	$1,000	$1.20	23d	1	0.36mi
7131 Garesche Ave Saint Louis, MO	2.0	1.0	918	$1,090	$1.19	3d	1	0.39mi
7030 Emma Ave Saint Louis, MO	2.0	1.0	801	$1,350	$1.69	43d	1	0.42mi
7160 Beulah Ave Saint Louis, MO	2.0	1.0	784	$1,059	$1.35	43d	1	0.49mi
5635 Hodiamont Ave Saint Louis, MO	2.0	1.0	580	$899	$1.55	20d	1	0.54mi
5546 Floy Ave Saint Louis, MO	2.0	2.0	850	$1,273	$1.50	20d	1	0.55mi
5225 Fletcher St Saint Louis, MO	3.0	2.0	918	$1,295	$1.41	23d	1	0.56mi
5936 Theodore Ave Saint Louis, MO	3.0	2.0	1008	$1,350	$1.34	43d	1	0.58mi
5637 Jennings Station Rd Saint Louis, MO	3.0	1.0	1116	$895	$0.80	43d	1	0.58mi
5654 Acme Ave Saint Louis, MO	2.0	1.0	968	$325	$0.34	21d	1	0.59mi
5516 Fairridge Ct Saint Louis, MO	2.0	1.0	1110	$995	$0.90	23d	1	0.61mi
5662 Wilborn Dr Saint Louis, MO	1.0	1.0	768	$850	$1.11	23d	1	0.61mi
5574 Era Ave Saint Louis, MO	3.0	1.0	850	$1,400	$1.65	11d	1	0.61mi
5721 Floy Ave Saint Louis, MO	2.0	1.0	1032	$1,120	$1.09	23d	1	0.64mi
5741 Floy Ave Saint Louis, MO	2.0	1.0	1000	$1,100	$1.10	23d	1	0.67mi
5756 Floy Ave Saint Louis, MO	2.0	1.0	1080	$995	$0.92	43d	1	0.72mi
7218 Albright Ave Saint Louis, MO	2.0	1.0	1100	$980	$0.89	23d	1	0.73mi
5931 Emma Ave Saint Louis, MO	2.0	1.0	880	$1,200	$1.36	43d	1	0.73mi
5615 Beldon Dr Saint Louis, MO	2.0	1.0	850	$950	$1.12	43d	1	0.76mi
7304 Albright Ave Saint Louis, MO	2.0	1.0	800	$1,100	$1.38	43d	1	0.77mi
7142 Lamont Dr Saint Louis, MO	2.0	1.0	750	$1,100	$1.47	17d	1	0.81mi
7315 Albright Ave Saint Louis, MO	3.0	1.0	888	$1,150	$1.30	43d	1	0.81mi
4719 Plover Ave Saint Louis, MO	2.0	1.0	744	$995	$1.34	4d	1	0.89mi
5932 Floy Ave Saint Louis, MO	3.0	1.0	1080	$1,373	$1.27	20d	1	0.90mi
5640 Sapphire Ave Saint Louis, MO	2.0	1.0	900	$1,100	$1.22	43d	1	0.92mi
5955 Floy Ave Saint Louis, MO	2.0	1.0	1032	$1,050	$1.02	2d	1	0.93mi
7205 Calvin Ave Saint Louis, MO	3.0	1.0	832	$750	$0.90	43d	1	0.93mi
7431 Esterbrook Dr Saint Louis, MO	2.0	1.0	792	$1,350	$1.70	43d	1	0.95mi
8502 Dianthus Ln Saint Louis, MO	2.0	1.0	1072	$1,175	$1.10	23d	1	0.95mi
4715 Thrush Ave Unit 24 St. Louis, MO	2.0	1.0	900	$1,350	$1.50	23d	1	0.96mi
8527 Dianthus Ln Saint Louis, MO	3.0	1.0	976	$1,295	$1.33	43d	1	1.01mi
8344 Eton Pl Saint Louis, MO	2.0	1.0	750	$895	$1.19	3d	1	1.04mi
8347 Eton Pl Saint Louis, MO	2.0	1.0	750	$1,075	$1.43	43d	1	1.06mi
7414 Pleaseway Dr Saint Louis, MO	2.0	1.0	768	$1,100	$1.43	43d	1	1.06mi

Listing history 30 events

1. 2026-06-18
   days on market $39,900 Active 38 DOM
2. 2026-06-17
   days on market $39,900 Active 37 DOM
3. 2026-06-16
   days on market $39,900 Active 36 DOM
4. 2026-06-15
   days on market $39,900 Active 35 DOM
5. 2026-06-13
   pricedays on market $39,900 Active 33 DOM
6. 2026-06-09
   days on market $45,000 Active 29 DOM
7. 2026-06-08
   days on market $45,000 Active 28 DOM
8. 2026-06-07
   days on market $45,000 Active 27 DOM
9. 2026-06-03
   days on market $45,000 Active 23 DOM
10. 2026-06-02
    days on market $45,000 Active 22 DOM
11. 2026-06-01
    days on market $45,000 Active 21 DOM
12. 2026-05-31
    days on market $45,000 Active 20 DOM
13. 2026-05-11
    listed $57,500 Active 533-char remark
14. 2026-04-20
    historical $750
15. 2026-03-26
    price $750
16. 2026-02-27
    price $795
17. 2026-02-04
    listed $850
18. 2025-11-21
    price $37,400
19. 2025-11-13
    price $38,400
20. 2025-10-17
    price $40,400
21. 2025-09-15
    price $42,500
22. 2025-08-29
    price $47,600
23. 2025-08-14
    price $56,500
24. 2025-07-28
    listed $71,100 Active
25. 1999-06-07
    soldstatus
26. 1999-06-07
    soldstatus $41,500
27. 1997-04-23
    soldstatus
28. 1997-04-23
    soldstatus
29. 1995-12-13
    soldstatus
30. 1995-12-13
    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: $835 · $70/mo
• Projected year-2 tax: $835 · $70/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,674
• − Mortgage interest: −$2,235
• − Property taxes: −$835
• − Insurance: −$200
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$1,161
• Taxable income: $7,056
• Est. tax owed @ 24.0%: −$1,693
• After-tax cash flow: $5,564/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: Jennings
• NCES district ID: 2916290
• Math proficiency: 8% ▼ -16.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $30,595
• Composite: 11.04/100
• National rank: #9739
• State rank: #315 of 324 in MO

Livability — Jennings

• Score: 67/100
• State rank: #208
• US rank: #10499

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jennings, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 40,929
• Household income: $41,154
• Rent vs Own: 53.1% rent · 46.9% own
• Severe rent burden: 3085.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 1,025,227 people
• By 2030: 1,028,023 · +0.3%
• By 2040: 1,020,940 · -0.4%
• By 2050: 1,007,280 · -1.8%
• By 2075: 987,277 · -3.7%
• By 2100: 921,984 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (90%)
• Race & ethnicity: Black 90% White 5% Two or more races 3%
• Foreign-born: 1% · Canada

Political lean MEDSL · St. Louis

• 2024 margin: Strong D (+23.4) · D 60.8% · R 37.4% · Other 1.7%
• 2008→2024 swing: +3.5pp toward D · 2008: 19.9pp · 2024: 23.4pp
• All cycles: 2024: D+23.4 2020: D+24.0 2016: D+16.2 2012: D+13.7 2008: D+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.79%
• Current HPI: 420.28
• Rent YoY: ▲ 4.97%
• Metro: St. Louis, MO-IL
• 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

-3.9% since first listed

20 events — show timeline

• 2026-06-12 Price Changed $39,900 MARIS as Distributed by MLS Grid
• 2026-05-26 Price Changed $45,000 MARIS as Distributed by MLS Grid
• 2026-05-11 Listed $57,500 MARIS as Distributed by MLS Grid
• 2026-04-20 Rental Removed $750 BUILDIUM
• 2026-03-26 Price Changed $750 BUILDIUM
• 2026-02-27 Price Changed $795 BUILDIUM
• 2026-02-04 Listed for Rent $850 BUILDIUM
• 2025-11-21 Price Changed $37,400 MARIS as Distributed by MLS Grid
• 2025-11-13 Price Changed $38,400 MARIS as Distributed by MLS Grid
• 2025-10-17 Price Changed $40,400 MARIS as Distributed by MLS Grid
• 2025-09-15 Price Changed $42,500 MARIS as Distributed by MLS Grid
• 2025-08-29 Price Changed $47,600 MARIS as Distributed by MLS Grid
• 2025-08-14 Price Changed $56,500 MARIS as Distributed by MLS Grid
• 2025-07-28 Listed $71,100 MARIS as Distributed by MLS Grid
• 1999-06-07 Sold (Public Records) $41,500 Public Records
• 1999-06-07 Sold (Public Records) — Public Records
• 1997-04-23 Sold (Public Records) — Public Records
• 1997-04-23 Sold (Public Records) — Public Records
• 1995-12-13 Sold (Public Records) — Public Records
• 1995-12-13 Sold (Public Records) — Public Records

Property tax history

-1.4%/yr

Latest (2022): $835 · +1.5% YoY. Source: county tax records.