300 S Main St · Gideon, MO 63848

$99,000

3 bd · 1.5 ba · 934 sqft · Other public records · 8 Days on market

Built 1932 8,999 sqft lot

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Why this score? — see what drove the D+ 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 +16.7/30.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• Appreciation +5.0/10.0
• 1% rule +3.6/10.0
• Livability +2.9/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Key facts

• 8,999 sq ft lot
• Built 1932
• Listed 7 days

Property features AI

Finance

• Other: No home warranty

Exterior

• Parking: Concrete parking surface
• Utilities: Public water; Private sewer; Electricity connected (220 volts); Water available; Sewer connected
• Home design: Single-family residence; One and one-half story; Private ownership; Vinyl siding
• Construction: Vinyl siding construction
• Exterior features: Covered front porch; Corner lot; Asphalt road frontage on a city street

Interior

• Bedrooms: 3 bedrooms total (1 on main level, 2 on upper level)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Updated/remodeled condition; Central air

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $99k.

Deal economics

• At list price, monthly cash flow is $61 ($732/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 $85k (13.9% below list).
• Recommended offer: $85k (13.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#654 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• Gideon 37 (rural): math 25% / reading 35% proficiency, ranked #469 of 535 in MO (top 88%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gideon Elem. (math 32% / reading 42%, grade F, #611 of 1,115 statewide, top 59%, 114 students, 97% FRL); Gideon High (math 22% / reading 32%, grade F, #420 of 521 statewide, top 82%, 101 students, 97% FRL) — zoned schools average 97% FRL vs 52% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 8 active listings in the ZIP; 11 units permitted in New Madrid County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($684 loan paydown + $3k appreciation (3.0% local appreciation)).
• New Madrid County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 4y 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: built in 1932 — 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 $85,241 (13.9% below list)

Questions for the listing agent

1. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.86% ✗
• Cap rate: 7.03%
• Cash-on-cash: 2.64%
• DSCR: 1.12
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 9.9%
• Equity multiple: 1.57×
• Total profit: $15,779
• Equity at exit: $44,515

10-year hold

• IRR: 12.3%
• Equity multiple: 2.83×
• Total profit: $50,701
• Equity at exit: $68,602

Cash invested: $27,720 (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 63848

• Active inventory: 8
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $852 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$52 /mo · $624/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$179
• Net cashflow: $61

Break-even live

Break-even rent $775

Max offer price $99,000

Occupancy floor 88%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-18
   days on market $99,000 Active 8 DOM
2. 2026-06-17
   days on market $99,000 Active 7 DOM
3. 2026-06-16
   days on market $99,000 Active 6 DOM
4. 2026-06-15
   days on market $99,000 Active 5 DOM
5. 2026-06-13
   days on market $99,000 Active 3 DOM
6. 2026-06-12
   listed $99,000 Active 2 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: $624 · $52/mo
• Projected year-2 tax: $960 · $80/mo
• Expected delta: +$336/yr (+$28/mo · 53.9%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,229
• − Mortgage interest: −$5,546
• − Property taxes: −$624
• − Insurance: −$495
• − Repairs & maintenance: −$818
• − Management: −$818
• − Depreciation: −$2,880
• Taxable loss: −$952
• Est. tax savings @ 24.0%: +$229
• After-tax cash flow: $960/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: Gideon 37
• NCES district ID: 2912780
• Math proficiency: 25% ▼ -15.00%
• Reading proficiency: 35% ▬ 0.00%
• Median HH income: $32,669
• Composite: 27.36/100
• National rank: #12407
• State rank: #469 of 535 in MO

Livability — Gideon

• Score: 57/100
• State rank: #654
• US rank: #22041

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gideon, MO
• Population (ZIP): 1,058

Population outlook (New Madrid County) Hauer SSP2

• Today (2025): 16,712 people
• By 2030: 15,845 · -5.2%
• By 2040: 14,152 · -15.3%
• By 2050: 12,604 · -24.6%
• By 2075: 9,478 · -43.3%
• By 2100: 7,157 · -57.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 10% Hispanic / Latino 3%
• Common ancestry: Iranian 3% Scandinavian 2% Slovak 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · New Madrid

• 2024 margin: Solid R (+53.5) · D 22.9% · R 76.4%
• 2008→2024 swing: -38.4pp toward R · 2008: -15.1pp · 2024: -53.5pp
• All cycles: 2024: R+53.5 2020: R+51.0 2016: R+45.4 2012: R+20.3 2008: R+15.1

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

+80.0% since first listed

11 events — show timeline

• 2026-06-10 Listed $99,000 MARIS as Distributed by MLS Grid
• 2025-10-23 Listed $99,000 MARIS as Distributed by MLS Grid
• 2024-11-07 Sold (Public Records) — Public Records
• 2024-03-08 Sold (Public Records) — Public Records
• 2023-06-13 Delisted — MARIS as Distributed by MLS Grid
• 2023-05-09 Relisted — MARIS as Distributed by MLS Grid
• 2023-05-09 Price Changed $37,800 MARIS as Distributed by MLS Grid
• 2023-04-05 Pending — MARIS as Distributed by MLS Grid
• 2023-03-27 Price Changed $45,000 MARIS as Distributed by MLS Grid
• 2023-02-06 Price Changed $49,900 MARIS as Distributed by MLS Grid
• 2022-12-13 Listed $55,000 MARIS as Distributed by MLS Grid

Property tax history

+13.8%/yr

Latest (2025): $624 · +210.8% YoY. Source: county tax records.