8343 Strathmore Pl · Jennings, MO 63136

$76,000

2 bd · 1.0 ba · 1,050 sqft · SingleFamily public records · 111 Days on market

Built 1928 3,676 sqft lot $72/sqft · 6% above area Est $71k · 6% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +6.9/10.0
• ARV discount +4.6/15.0
• Rent growth +3.7/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0

Listing remarks MLS

Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

Key facts

• Brick bungalow
• Brand new roof
• Full basement

Tags

• BRICK BUNGALOW
• FULL BASEMENT
• OFF-STREET PARKING
• BRAND NEW ROOF

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $76k.

Deal economics

• At list price, monthly cash flow is $397 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $76k).
• Recommended offer: $69k (9.0% below list) — sets the bar for market timing.

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); 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 $3k of equity ($525 loan paydown + $3k appreciation (3.8% local appreciation)).
• At projected returns (3.8% appreciation + 5.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $7k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $42k; list at $76k implies a 81% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1928 — 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 $69,160 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 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 1928 — 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: 1.50% ✓
• Cap rate: 12.55%
• Cash-on-cash: 22.36%
• DSCR: 2.00
• GRM: 5.6

CMA / ARV

• ARV (median comp): $71,407
• List price: $76,000
• Delta: 6.43%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7117 W Florissant Ave	0.07mi	2/1.0	992 (-6%)	1mo	$77,000	$78	86
2026 Mclaran Ave	0.41mi	2/1.0	1,026 (-2%)	1mo	$89,500	$87	76
8819 May Ave	0.51mi	2/1.0	1,074 (+2%)	0mo	$100,000	$93	72
7441 Calvin Ave	0.55mi	3/1.0 (+1)	1,068 (+2%)	3mo	$99,500	$93	64
5637 Jennings Station Rd	0.43mi	3/1.0 (+1)	1,116 (+6%)	2mo	$30,000	$27	63
2425 Shirley Ave	0.31mi	2/1.0	896 (-15%)	2mo	$34,900	$39	60
5709 Goodfellow Blvd	0.71mi	2/1.0	1,020 (-3%)	4mo	$19,900	$20	59
5614 Albia Ter	0.52mi	3/2.0 (+1)	988 (-6%)	0mo	$125,000	$127	56
2554 Main St	0.38mi	3/1.0 (+1)	920 (-12%)	2mo	$15,000	$16	55
8808 Clifton Ave	0.49mi	2/1.0	912 (-13%)	2mo	$29,900	$33	54
5617 Janet Ave	0.51mi	3/1.0 (+1)	909 (-13%)	4mo	$39,900	$44	46
7471 Sharon Dr	0.73mi	3/1.0 (+1)	945 (-10%)	0mo	$98,000	$104	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: 31.5%
• Equity multiple: 2.88×
• Total profit: $39,945
• Equity at exit: $37,604

10-year hold

• IRR: 32.1%
• Equity multiple: 6.01×
• Total profit: $106,606
• Equity at exit: $60,774

Cash invested: $21,280 (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: 5.6×

Monthly cashflow live

• Estimated rent: $1,139 high
• Mortgage (P&I): −$399
• Tax from tax record: −$73 /mo · $879/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $397

Break-even live

Break-even rent $637

Max offer price $76,000

Occupancy floor 60%

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: $19,000
• Closing costs: $2,280
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8344 Eton Pl Saint Louis, MO	2.0	1.0	750	$895	$1.19	3d	1	0.10mi
8347 Eton Pl Saint Louis, MO	2.0	1.0	750	$1,075	$1.43	43d	1	0.12mi
7205 Calvin Ave Saint Louis, MO	3.0	1.0	832	$750	$0.90	43d	1	0.23mi
7142 Lamont Dr Saint Louis, MO	2.0	1.0	750	$1,100	$1.47	17d	1	0.23mi
2427 Switzer Ave Saint Louis, MO	3.0	1.0	1008	$1,300	$1.29	43d	1	0.29mi
2415 Shirley Ave Saint Louis, MO	3.0	1.0	990	$1,450	$1.46	23d	1	0.31mi
8527 Dianthus Ln Saint Louis, MO	3.0	1.0	976	$1,295	$1.33	43d	1	0.34mi
5615 Beldon Dr Saint Louis, MO	2.0	1.0	850	$950	$1.12	43d	1	0.35mi
8502 Dianthus Ln Saint Louis, MO	2.0	1.0	1072	$1,175	$1.10	23d	1	0.35mi
2527 Switzer Ave Saint Louis, MO	3.0	1.0	888	$1,135	$1.28	16d	1	0.36mi
7120 Greenhaven Dr Saint Louis, MO	3.0	2.0	1131	$1,050	$0.93	23d	1	0.37mi
8720 Akins Dr Saint Louis, MO	2.0	1.0	1012	$1,150	$1.14	23d	1	0.39mi
5637 Jennings Station Rd Saint Louis, MO	3.0	1.0	1116	$895	$0.80	43d	1	0.40mi
2022 McLaran Ave Saint Louis, MO	3.0	2.0	1181	$1,593	$1.35	14d	1	0.41mi
5640 Sapphire Ave Saint Louis, MO	2.0	1.0	900	$1,100	$1.22	43d	1	0.44mi
1942 Damato Ct Saint Louis, MO	2.0	1.0	905	$1,100	$1.22	43d	1	0.49mi
8817 Shady Grove Ave Saint Louis, MO	2.0	1.0	1085	$1,075	$0.99	23d	1	0.51mi
7218 Albright Ave Saint Louis, MO	2.0	1.0	1100	$980	$0.89	23d	1	0.52mi
5516 Fairridge Ct Saint Louis, MO	2.0	1.0	1110	$995	$0.90	23d	1	0.54mi
7315 Albright Ave Saint Louis, MO	3.0	1.0	888	$1,150	$1.30	43d	1	0.55mi
2623 Avie Dr Saint Louis, MO	3.0	2.0	921	$1,350	$1.47	43d	1	0.55mi
7426 Calvin Ave Saint Louis, MO	2.0	1.0	1100	$1,125	$1.02	17d	1	0.55mi
7304 Albright Ave Saint Louis, MO	2.0	1.0	800	$1,100	$1.38	43d	1	0.55mi
5612 Hodiamont Ave Saint Louis, MO	3.0	1.5	1200	$1,150	$0.96	10d	1	0.57mi
7441 Calvin Ave Saint Louis, MO	3.0	1.0	1068	$1,350	$1.26	12d	1	0.57mi
5662 Wilborn Dr Saint Louis, MO	1.0	1.0	768	$850	$1.11	23d	1	0.59mi
3 Pohlman Ln Saint Louis, MO	2.0	1.0	704	$1,000	$1.42	16d	1	0.59mi
5636 Statler Ave Saint Louis, MO	1.0	1.0	777	$1,200	$1.54	23d	1	0.60mi
7030 Emma Ave Saint Louis, MO	2.0	1.0	801	$1,350	$1.69	43d	1	0.62mi
2617 Hord Ave Saint Louis, MO	2.0	1.0	800	$775	$0.97	3d	1	0.63mi
5613 Statler Ave Saint Louis, MO	2.0	1.0	864	$1,300	$1.50	4d	1	0.65mi
5955 Floy Ave Saint Louis, MO	2.0	1.0	1032	$1,050	$1.02	2d	1	0.66mi
7516 Chandler Ave Saint Louis, MO	1.0	1.0	728	$1,000	$1.37	43d	1	0.66mi
5654 Acme Ave Saint Louis, MO	2.0	1.0	968	$325	$0.34	21d	1	0.68mi
7 Lamar Dr Saint Louis, MO	3.0	1.0	894	$1,200	$1.34	17d	1	0.68mi
5932 Floy Ave Saint Louis, MO	3.0	1.0	1080	$1,373	$1.27	20d	1	0.69mi
7414 Pleaseway Dr Saint Louis, MO	2.0	1.0	768	$1,100	$1.43	43d	1	0.71mi
5515 Wilborn Dr Saint Louis, MO	3.0	1.0	1248	$1,400	$1.12	43d	1	0.72mi
7420 Pleaseway Dr Saint Louis, MO	2.0	1.0	952	$1,250	$1.31	21d	1	0.73mi
5741 Floy Ave Saint Louis, MO	2.0	1.0	1000	$1,100	$1.10	23d	1	0.73mi

Listing history 29 events

1. 2026-06-18
   days on market $76,000 Active 111 DOM
2. 2026-06-17
   days on market $76,000 Active 110 DOM
3. 2026-06-16
   days on market $76,000 Active 109 DOM
4. 2026-06-15
   days on market $76,000 Active 108 DOM
5. 2026-06-13
   days on market $76,000 Active 106 DOM
6. 2026-06-09
   days on market $76,000 Active 102 DOM
7. 2026-06-08
   days on market $76,000 Active 101 DOM
8. 2026-06-07
   days on market $76,000 Active 100 DOM
9. 2026-06-03
   pricedays on market $76,000 Active 96 DOM
10. 2026-06-02
    days on market $79,000 Active 95 DOM
11. 2026-06-01
    days on market $79,000 Active 94 DOM
12. 2026-05-31
    days on market $79,000 Active 93 DOM
13. 2026-05-12
    price $79,000 685-char remark

    Show marketing remark (685 chars)

    Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

14. 2026-02-27
    listed $82,900 Active 685-char remark

    Show marketing remark (685 chars)

    Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

15. 2026-02-27
    historical $82,900 685-char remark

    Show marketing remark (685 chars)

    Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

16. 2023-06-09
    historical
17. 2023-05-19
    price $68,000
18. 2023-05-01
    price $78,000
19. 2023-04-27
    listed $85,000 Active
20. 2023-04-26
    historical
21. 2023-04-24
    historical
22. 2023-03-20
    status Pending
23. 2023-03-17
    listed $80,000 Active
24. 2020-10-12
    soldstatus $42,000
25. 2020-08-07
    soldstatus $10,000
26. 2002-02-11
    soldstatus $34,000
27. 2002-02-11
    soldstatus
28. 2002-02-11
    soldstatus $34,000
29. 1995-03-29
    soldstatus $23,500

ⓘ 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: $879 · $73/mo
• Projected year-2 tax: $879 · $73/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 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,671
• − Mortgage interest: −$4,257
• − Property taxes: −$879
• − Insurance: −$380
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$2,211
• Taxable income: $3,757
• Est. tax owed @ 24.0%: −$902
• After-tax cash flow: $3,857/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
• City population: 18,381
• 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

+236.2% since first listed

17 events — show timeline

• 2026-05-12 Price Changed $79,000 MARIS as Distributed by MLS Grid
• 2026-02-27 Listed $82,900 MARIS as Distributed by MLS Grid
• 2026-02-27 Coming Soon $82,900 MARIS as Distributed by MLS Grid
• 2023-06-09 Delisted — MARIS as Distributed by MLS Grid
• 2023-05-19 Price Changed $68,000 MARIS as Distributed by MLS Grid
• 2023-05-01 Price Changed $78,000 MARIS as Distributed by MLS Grid
• 2023-04-27 Listed $85,000 MARIS as Distributed by MLS Grid
• 2023-04-26 Coming Soon — MARIS as Distributed by MLS Grid
• 2023-04-24 Delisted — MARIS as Distributed by MLS Grid
• 2023-03-20 Pending — MARIS as Distributed by MLS Grid
• 2023-03-17 Listed $80,000 MARIS as Distributed by MLS Grid
• 2020-10-12 Sold (Public Records) $42,000 Public Records
• 2020-08-07 Sold (Public Records) $10,000 Public Records
• 2002-02-11 Sold (Public Records) $34,000 Public Records
• 2002-02-11 Sold (Public Records) — Public Records
• 2002-02-11 Sold (Public Records) $34,000 Public Records
• 1995-03-29 Sold (Public Records) $23,500 Public Records

Property tax history

-1.0%/yr

Latest (2022): $879 · +1.5% YoY. Source: county tax records.