11709 Casa Grande Dr Unit G · Maryland Heights, MO 63146

$112,900

2 bd · 1.0 ba · 870 sqft · Condo public records · 12 Days on market

Built 1968 $382/mo HOA · 23% of rent

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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 +22.3/30.0
• Appreciation +10.0/10.0
• 1% rule +9.7/10.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• Schools +5.1/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0

Listing remarks MLS

This Remodeled Charmer Is Just Minutes From Westport & Ready For New Owners TODAY! LOW Monthly Condo Fees ($276), Private Yard Backing To Trees, Walk To Pool/Clubhouse/Tennis, Communal Laundry On First Floor In Building, EZ Access To Second Floor Storage, 2 Assigned Parking Spaces (1 Covered To The Right Of Building #G). KITCHEN Has White Subway Tile Backsplash, Espresso Wood Cabinets, SS Appliances, Breakfast Bar With Seating For 2, Window Overlooking Private Yard. Both The Kitchen & Main Bedroom Feature Doors To The Covered Balcony. BATHROOM Recently Remodeled (2021) With Adult Height Vanity, Shower/Tub Combo +Subway Tile Surround & Tile Flooring. Stainless Kitchen Appliances, Window Treatments & Furnishings Stay. *The TV & Mount To Be REMOVED Before Closing. ADDTIONAL WOW FEATURES: 2015 HVAC, Main Bedroom Ceiling Fan & WIC With Closet System Installed, Hallway Lined With Floor To Ceiling Closets, Award Winning Parkway Schools (Walk To Craig Elem) & EZ Access To HWY 270 & HWY 364.

Key facts

• $382 HOA
• Parking
• Community pool

Property features AI

Finance

• Other: Property type: Residential condominium; Above-grade finished area reported as 870 (source: assessor/appraiser)
• HOA & community: Villa Dorado community association; Annual HOA fee of $450; HOA covers clubhouse, grounds maintenance, parking/road maintenance, common area maintenance, exterior maintenance, pool maintenance, roof, sewer, snow removal, trash and water; Association management provided

Exterior

• Parking: Carport with 1 space; Additional parking available
• Utilities: Public water; Public sewer; Single phase electric; Cable available; Electricity available
• Home design: Condominium (attached); One level
• Construction: Brick and frame construction; Asbestos shingle roof
• Exterior features: Pool (community); Adjoins common ground; Adjoins wooded area

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Free‑standing refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air heating (natural gas); Electric cooling
• Interior features: No basement; No fireplace; Adjoins common ground; Adjoins wooded area
• Laundry & utility: Washer/Dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $113k.

Deal economics

• At list price, monthly cash flow is $186 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $113k).
• Cap rate 8.3% vs local median 4.3% 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.
• Parkway C-2 (suburban): math 49% / reading 62% proficiency, ranked #18 of 324 in MO (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
• Zoned schools: Craig Elem. (math 42% / reading 57%, grade D, #284 of 1,115 statewide, top 30%, 389 students, 17% FRL); North High (math 35% / reading 70%, grade C-, #89 of 521 statewide, top 17%, 1,074 students, 34% FRL).
• Market conditions: Rents soft (-3.0%/yr); 170 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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

• In year one you build about $12k of equity ($781 loan paydown + $11k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 0.0% rent growth), your $32k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 11y 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: HOA is 23% of rent.
• 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 $112,900

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.47% ✓
• Cap rate: 8.27%
• Cash-on-cash: 7.05%
• DSCR: 1.31
• GRM: 5.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 27.8%
• Equity multiple: 3.17×
• Total profit: $68,696
• Equity at exit: $101,709

10-year hold

• IRR: 23.2%
• Equity multiple: 6.85×
• Total profit: $184,780
• Equity at exit: $219,340

Cash invested: $31,612 (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 63146

• Home prices YoY: 4.9%
• Rents YoY: -3.0%
• Active inventory: 170
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,656 high
• Mortgage (P&I): −$592
• Tax from tax record: −$101 /mo · $1,213/yr
• Insurance: −$47
• HOA: −$382
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $186

Break-even live

Break-even rent $1,421

Max offer price $112,900

Occupancy floor 84%

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: $28,225
• Closing costs: $3,387
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12401 Boulder Springs Pkwy St. Louis, MO	1.0–3.0	1.0–2.0	1006	$2,294	$2.28	1d	10	1.05mi
1895 Boulder Springs Dr St. Louis, MO	1.0–3.0	1.0–2.5	1083	$2,258	$2.09	1d	6	1.13mi
1380 Willow Brook Cove Ct St. Louis, MO	2.0	1.5	910	$1,550	$1.70	14d	1	1.15mi
1434 Willow Brook Cove Ct St. Louis, MO	2.0	1.5	910	$1,395	$1.53	43d	1	1.21mi
10900 Oak Forest Pkwy Dr St. Louis, MO	1.0–2.0	1.0	800	$1,600	$2.00	3d	6	1.33mi
1007 E Rue De La Banque Creve Coeur, MO	1.0–2.0	1.0	812	$1,425	$1.75	2d	4	1.40mi
1432 Glenmeade Dr Maryland Heights, MO	3.0	2.0	1090	$2,176	$2.00	10d	1	1.41mi

HOA detail condo

• Monthly dues: $382 · $4,584/yr
• Likely covers: poolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 9 events

1. 2026-06-18
   days on market $112,900 Active 12 DOM
2. 2026-06-17
   days on market $112,900 Active 11 DOM
3. 2026-06-16
   days on market $112,900 Active 10 DOM
4. 2026-06-15
   days on market $112,900 Active 9 DOM
5. 2026-06-13
   days on market $112,900 Active 7 DOM
6. 2026-06-13
   days on market $112,900 Active 6 DOM
7. 2026-06-09
   days on market $112,900 Active 3 DOM
8. 2026-06-08
   days on market $112,900 Active 2 DOM
9. 2026-06-07
   listed $112,900 Active 1 DOM

ⓘ 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: $1,213 · $101/mo
• Projected year-2 tax: $1,213 · $101/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 ≥106°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: $19,866
• − Mortgage interest: −$6,324
• − Property taxes: −$1,213
• − Insurance: −$564
• − Repairs & maintenance: −$1,589
• − Management: −$1,589
• − HOA: −$4,584
• − Depreciation: −$3,284
• Taxable income: $717
• Est. tax owed @ 24.0%: −$172
• After-tax cash flow: $2,056/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: Parkway C-2
• NCES district ID: 2923580
• Math proficiency: 49% ▼ -11.00%
• Reading proficiency: 62% ▼ -2.00%
• Median HH income: $83,551
• Composite: 50.5/100
• National rank: #1851
• State rank: #18 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

• County: Saint Louis County · 888,823 people
• City population: 21,924
• Metro: St. Louis, MO-IL
• Population (ZIP): 30,678
• Household income: $84,756
• Rent vs Own: 42.5% rent · 57.5% own
• Severe rent burden: 1156.0

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 0.56)
• Race & ethnicity: White 63% Asian 17% Black 13% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Scotch-Irish 3% Romanian 3% Italian 2%
• Foreign-born: 19% · China, South Korea, Canada
• Languages at home: 79% English-only · Other Asian/Pacific 7% Other Indo-European 4% Chinese 3%

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: ▲ 33.10%
• Current HPI: 711.49
• Rent YoY: ▼ -2.96%
• 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

+306.1% since first listed

13 events — show timeline

• 2026-06-06 Listed $112,900 MARIS as Distributed by MLS Grid
• 2022-08-30 Sold (Public Records) $115,000 Public Records
• 2022-08-24 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2022-07-18 Pending — MARIS as Distributed by MLS Grid
• 2022-07-14 Listed $105,000 MARIS as Distributed by MLS Grid
• 2015-04-01 Sold (Public Records) $73,000 Public Records
• 2015-03-31 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2015-02-23 Delisted — MARIS as Distributed by MLS Grid
• 2015-02-05 Price Changed $76,000 MARIS as Distributed by MLS Grid
• 2015-02-04 Price Changed $78,500 MARIS as Distributed by MLS Grid
• 2015-02-02 Listed $76,000 MARIS as Distributed by MLS Grid
• 2014-01-24 Sold (Public Records) $27,800 Public Records
• 2014-01-24 Sold (Public Records) $27,800 Public Records

Property tax history

+2.6%/yr

Latest (2022): $1,213 · +0.7% YoY. Source: county tax records.