11358 Dorsett Rd · Maryland Heights, MO 63043

$139,000

2 bd · 1.0 ba · 952 sqft · SingleFamily public records · 107 Days on market

Built 1954 0.52 ac lot $146/sqft · 29% below area Est $196k · 29% under ↓ 37% since listing

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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 +22.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +6.1/10.0
• Livability +3.6/5.0
• Schools +3.4/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

Key facts

• Generous size rooms
• Full basement
• Updated water heater

Tags

• OVERSIZE 1200 SQ FT GARAGE
• UPDATED HVAC
• UPDATED WATER HEATER
• UPDATED ELECTRIC PANEL
• GENEROUS SIZE ROOMS
• FULL BASEMENT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $242 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $126k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.2% in Maryland Heights — 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 71/100 on livability (#101 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, amenities F, commute F.
• Pattonville R-III (suburban): math 32% / reading 46% proficiency, ranked #147 of 324 in MO (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.6%/yr); 107 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $81k (37%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,490 (9.0% below list)

Questions for the listing agent

1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1954 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.11% ✓
• Cap rate: 8.39%
• Cash-on-cash: 7.48%
• DSCR: 1.33
• GRM: 7.5

CMA / ARV

• ARV (median comp): $196,311
• List price: $139,000
• Delta: -29.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11358 Dorsett Rd	0.00mi	2/1.0	952 (0%)	0mo	$139,000	$146	100
11035 Saturn Dr	0.74mi	3/1.0 (+1)	960 (+1%)	2mo	$245,000	$255	57
11238 Van Cleve Ave	0.61mi	1/1.0 (-1)	912 (-4%)	9mo	$139,900	$153	52
11017 Saturn Dr	0.65mi	3/2.0 (+1)	960 (+1%)	14mo	$225,000	$234	47
2729 Link Rd	0.73mi	3/1.0 (+1)	888 (-7%)	7mo	$175,000	$197	44
214 Lake Ave	0.70mi	2/2.0	1,040 (+9%)	20mo	$200,000	$192	31

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 · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -6.5%
• Equity multiple: 0.76×
• Total profit: $-9,195
• Equity at exit: $20,725

10-year hold

• IRR: 1.3%
• Equity multiple: 1.09×
• Total profit: $3,445
• Equity at exit: $12,018

Cash invested: $38,920 (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 63043

• Rents YoY: 1.6%
• Active inventory: 107
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,548 high
• Mortgage (P&I): −$729
• Tax from tax record: −$194 /mo · $2,322/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$325
• Net cashflow: $242

Break-even live

Break-even rent $1,241

Max offer price $139,000

Occupancy floor 79%

Sensitivity live

Price	-10% $321	-5% $282	+0% $242	+5% $203	+10% $164
Rent	-10% $120	-5% $181	+0% $242	+5% $304	+10% $365
Rate	-1.0pp $312	-0.5pp $278	base $242	+0.5pp $206	+1.0pp $170

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11120 Graben Dr St Ann, MO	1.0–2.0	1.0–1.5	850	$1,250	$1.47	3d	14	1.16mi
11091 Saxonhall Dr Bridgeton, MO	3.0	1.0	1034	$1,706	$1.65	19d	1	1.20mi
10900 Oak Forest Pkwy Dr St. Louis, MO	1.0–2.0	1.0	800	$1,600	$2.00	4d	6	1.33mi
7 Edgeworth Ave Maryland Heights, MO	3.0	1.5	988	$1,995	$2.02	25d	1	1.36mi
11042 Florence Ave Saint Ann, MO	3.0	1.0	864	$1,300	$1.50	13d	1	1.46mi

Listing history 8 events

1. 2026-05-11
   status Pending 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

2. 2026-05-04
   price $139,000 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

3. 2026-04-15
   price $154,900 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

4. 2026-03-24
   status Active 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

5. 2026-03-21
   price $185,900 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

6. 2026-01-22
   listed $220,000 Active 716-char remark

   Show marketing remark (716 chars)

   2 Bedroom, 1 Bath home sits on 1/2 acre lot. This home is Zoned Residential + Light Industrial. Oversize 1200 sq. ft 2 car garage with large work area. This is a great opportunity for someone who needs work and storage area. Main road frontage. House has generous size rooms and a full basement. Updated HVAC, water heater & electric panel. Kitchen refrigerator will be removed prior to closing. Home & garage contents can be included in the sale. This property is sold "AS-IS, WHERE IS". Possible foundation issues. No seller paid inspections or repairs. Special Sale Contract. SELLER requests viewing prior to offers. Located near all the area conveniences. See Today Before Tomorrow is Too Late!

7. 1994-05-31
   soldstatus
8. 1957-03-22
   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: $2,322 · $194/mo
• Projected year-2 tax: $2,322 · $194/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 · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,575
• − Mortgage interest: −$7,786
• − Property taxes: −$2,322
• − Insurance: −$695
• − Repairs & maintenance: −$1,486
• − Management: −$1,486
• − Depreciation: −$4,044
• Taxable income: $756
• Est. tax owed @ 24.0%: −$181
• After-tax cash flow: $2,728/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: Pattonville R-III
• NCES district ID: 2923700
• Math proficiency: 32% ▼ -11.00%
• Reading proficiency: 46% ▼ -5.00%
• Median HH income: $50,786
• Composite: 33.69/100
• National rank: #5383
• State rank: #147 of 324 in MO

Livability — Maryland Heights

• Score: 71/100
• State rank: #101
• US rank: #6808

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maryland Heights, MO
• County: Saint Louis County · 888,823 people
• City population: 21,924
• Metro: St. Louis, MO-IL
• Population (ZIP): 21,924
• Household income: $91,509
• Rent vs Own: 30.4% rent · 69.6% own
• Severe rent burden: 277.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 62% Black 14% Asian 14% Two or more races 6% Hispanic / Latino 5%
• Common ancestry: Lithuanian 4% Slovak 3% French 2%
• Foreign-born: 18% · Canada, China, Vietnam
• Languages at home: 78% English-only · Other Asian/Pacific 7% Spanish 5% Other Indo-European 4%

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: ▼ -307.48%
• Current HPI: 218.599
• Rent YoY: ▲ 1.60%
• 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

-36.8% since first listed

8 events — show timeline

• 2026-05-11 Pending — MARIS as Distributed by MLS Grid
• 2026-05-04 Price Changed $139,000 MARIS as Distributed by MLS Grid
• 2026-04-15 Price Changed $154,900 MARIS as Distributed by MLS Grid
• 2026-03-24 Relisted — MARIS as Distributed by MLS Grid
• 2026-03-21 Price Changed $185,900 MARIS as Distributed by MLS Grid
• 2026-01-22 Listed $220,000 MARIS as Distributed by MLS Grid
• 1994-05-31 Sold (Public Records) — Public Records
• 1957-03-22 Sold (Public Records) — Public Records

Property tax history

+9.5%/yr

Latest (2022): $2,322 · -1.0% YoY. Source: county tax records.