611 Main St · Missouri City, MO 64072

$150,000

4 bd · 2.0 ba · 2,034 sqft · SingleFamily public records · 151 Days on market

Built 1860 0.59 ac lot Est $151k · at est.

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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 +20.4/30.0
• ARV discount +7.7/15.0
• DSCR +6.5/10.0
• Appreciation +5.0/10.0
• 1% rule +4.6/10.0
• Schools +4.2/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Are you ready to own a piece of history? Welcome to "The Century House" This is a home loaded with character and potential. 4 bedrooms, 2 1/2 bath, huge great room and lots more! The kitchen is wonderfully updated with newer appliances and every built-in you can imagine. Double carport is in front of a detached former garage. Garden shed, fire pit area, and half acre wooded backyard complete the property. New furnace and AC and newer roof. It could use a little love and is selling As-Is, but this is your chance to own a lot of house.

Key facts

• 0.59 acre lot
• Garage
• Built 1860

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/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 $145k (3.6% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 54/100 on livability (#777 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: employment C-, schools D-, crime F.
• Missouri City 56 (rural): math 25% / reading 75% proficiency, ranked #39 of 324 in MO (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 1 active listings in the ZIP; 341 units permitted in Clay County in 2024 (40 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($1k loan paydown + $4k appreciation (3.0% local appreciation)).
• Clay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1860 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 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 1860 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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 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: 0.96% ✗
• Cap rate: 7.86%
• Cash-on-cash: 5.60%
• DSCR: 1.25
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $150,516
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
611 Main St	0.00mi	3/2.5 (-1)	2,034 (0%)	0mo	$150,000	$74	93

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

Projected returns pro-forma

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

5-year hold

• IRR: 12.7%
• Equity multiple: 1.73×
• Total profit: $30,521
• Equity at exit: $67,446

10-year hold

• IRR: 14.7%
• Equity multiple: 3.17×
• Total profit: $91,130
• Equity at exit: $103,943

Cash invested: $42,000 (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 64072

• Active inventory: 1
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,446 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$97 /mo · $1,163/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $196

Break-even live

Break-even rent $1,197

Max offer price $150,000

Occupancy floor 81%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-03-27
   status Pending
2. 2026-02-25
   price $150,000
3. 2025-11-12
   price $155,000
4. 2025-10-27
   listed $160,000 Active
5. 2025-10-26
   historical $160,000
6. 2021-10-25
   soldstatus
7. 2021-10-22
   soldstatus Closed 549-char remark

   Show marketing remark (549 chars)

   Are you ready to own a piece of history? Welcome to "The Century House" This is a home loaded with character and potential. 4 bedrooms, 2 1/2 bath, huge great room and lots more! The kitchen is wonderfully updated with newer appliances and every built-in you can imagine. Double carport is in front of a detached former garage. Garden shed, fire pit area, and half acre wooded backyard complete the property. New furnace and AC and newer roof. It could use a little love and is selling As-Is, but this is your chance to own a lot of house.

8. 2021-09-23
   status Pending 549-char remark

   Show marketing remark (549 chars)

   Are you ready to own a piece of history? Welcome to "The Century House" This is a home loaded with character and potential. 4 bedrooms, 2 1/2 bath, huge great room and lots more! The kitchen is wonderfully updated with newer appliances and every built-in you can imagine. Double carport is in front of a detached former garage. Garden shed, fire pit area, and half acre wooded backyard complete the property. New furnace and AC and newer roof. It could use a little love and is selling As-Is, but this is your chance to own a lot of house.

9. 2021-09-22
   listed $142,500 Active 549-char remark

   Show marketing remark (549 chars)

   Are you ready to own a piece of history? Welcome to "The Century House" This is a home loaded with character and potential. 4 bedrooms, 2 1/2 bath, huge great room and lots more! The kitchen is wonderfully updated with newer appliances and every built-in you can imagine. Double carport is in front of a detached former garage. Garden shed, fire pit area, and half acre wooded backyard complete the property. New furnace and AC and newer roof. It could use a little love and is selling As-Is, but this is your chance to own a lot of house.

10. 2010-07-29
    soldstatus 343-char remark

    Show marketing remark (343 chars)

    This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This houe is approved for HomePath Renovation Mortgage Financing. Being sold AS-IS no sellers disclosured, seller will make no repairs. Must be preapproved or have proof of funds to submit offer. $1000 min EM deposit required, cash offer 10% EM required.

11. 2010-02-27
    listed $29,900 343-char remark

    Show marketing remark (343 chars)

    This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This houe is approved for HomePath Renovation Mortgage Financing. Being sold AS-IS no sellers disclosured, seller will make no repairs. Must be preapproved or have proof of funds to submit offer. $1000 min EM deposit required, cash offer 10% EM required.

12. 2006-02-21
    soldstatus
13. 2005-11-17
    listed $88,000

ⓘ 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: $1,163 · $97/mo
• Projected year-2 tax: $1,455 · $121/mo
• Expected delta: +$292/yr (+$24/mo · 25.1%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,347
• − Mortgage interest: −$8,402
• − Property taxes: −$1,163
• − Insurance: −$750
• − Repairs & maintenance: −$1,388
• − Management: −$1,388
• − Depreciation: −$4,364
• Taxable loss: −$107
• Est. tax savings @ 24.0%: +$26
• After-tax cash flow: $2,378/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: Missouri City 56
• NCES district ID: 2921060
• Math proficiency: 25% ▼ -15.00%
• Reading proficiency: 75% ▲ 35.00%
• Median HH income: $49,250
• Composite: 42.5/100
• National rank: #3205
• State rank: #39 of 324 in MO

Livability — Missouri City

• Score: 54/100
• State rank: #777
• US rank: #23859

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Missouri City, MO
• Population (ZIP): 257

Population outlook (Clay County) Hauer SSP2

• Today (2025): 266,022 people
• By 2030: 280,057 · +5.3%
• By 2040: 306,153 · +15.1%
• By 2050: 328,630 · +23.5%
• By 2075: 375,182 · +41.0%
• By 2100: 392,861 · +47.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 7% Hispanic / Latino 5%
• Common ancestry: Serbian 10% Italian 7% Lithuanian 6%

Political lean MEDSL · Clay

• 2024 margin: Lean R (+5.6) · D 46.4% · R 52.0% · Other 1.6%
• 2008→2024 swing: -4.9pp toward R · 2008: -0.7pp · 2024: -5.6pp
• All cycles: 2024: R+5.6 2020: R+4.1 2016: R+11.1 2012: R+8.4 2008: R+0.7

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

+70.5% since first listed

13 events — show timeline

• 2026-03-27 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-02-25 Price Changed $150,000 Heartland MLS as Distributed by MLS Grid
• 2025-11-12 Price Changed $155,000 Heartland MLS as Distributed by MLS Grid
• 2025-10-27 Listed $160,000 Heartland MLS as Distributed by MLS Grid
• 2025-10-26 Coming Soon $160,000 Heartland MLS as Distributed by MLS Grid
• 2021-10-25 Sold (Public Records) — Public Records
• 2021-10-22 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2021-09-23 Pending — Heartland MLS as Distributed by MLS Grid
• 2021-09-22 Listed $142,500 Heartland MLS as Distributed by MLS Grid
• 2010-07-29 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2010-02-27 Listed $29,900 Heartland MLS as Distributed by MLS Grid
• 2006-02-21 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2005-11-17 Listed $88,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+2.5%/yr

Latest (2025): $1,163 · +2.8% YoY. Source: county tax records.