17999 State Highway U N/A · Hermitage, MO 65668

$160,000

1 bd · 1.0 ba · 392 sqft · Other public records · 62 Days on market

Built 2015 5.20 ac lot $408/sqft · 31% above area Est $187k · 14% under ↓ 10% since listing

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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).

• ARV discount +13.9/15.0
• Appreciation +9.7/10.0
• Schools +4.1/10.0
• Cash flow +3.6/30.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

WELCOME HOME to this cozy retreat just a few short miles from the lakes! Imagine just a quick ride (LESS than 10 minutes!) to fish on Pomme de Terre Lake or to Truman Lake (only approx 30 minutes)! Sitting on just over 5 wooded acres, this cabin has been very well maintained, including many recent renovations for the ultimate comfort! Open floor plan allows for comfortable living and kitchen space. Hall connecting bedroom and main cabin is currently utilized as an office; or could be used for additional storage - easily versatile! Relax in the extra large bedroom with two custom built closets and beautiful wood touches to backdrop the stunning view out of the French doors. The deck is newly built in 2023 and adds the perfect space to unwind and enjoy the sounds of nature and gaze upon the stars. Freshly painted inside & out, French doors installed from the master bedroom opening to the new expansive deck, plus a new lofted storage shed with electricity for lights, charging equipment and a fully functioning workshop! An insulated well house is attached to a large outbuilding/shed for more storage, plus a 3rd shed for a great option of keeping your equipment, wood, etc. A, top of the line, Moore Water Softener and Purifier is staying ($10,000 value, warranty included) for the best well water in Hickory county!! There is also a concrete foundation on the acreage with water and electricity connected that can be built on for additional storage or another residence. Whole yard around the house fenced, and other areas are fenced also. Gravel easement road runs on north side of property from front to back, and is maintained by cemetery (rarely used). You will enjoy families of deer and so much wildlife that graze in the property just outside your window! Enjoy all that Pomme has to offer from local festivals, boat races, fishing competitions, down home local shops & so much more!! A peaceful place to call HOME throughout fun trips or all year round!

Key facts

• 5.2 acre lot
• Garage
• Built 2015

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $160k.

Deal economics

• At list price, monthly cash flow is $-473 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $92k (42.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $80k (49.9% below list).
• Recommended offer: $80k (49.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 54/100 on livability (#788 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: schools D, crime F, amenities F.
• Hermitage R-IV (rural): math 45% / reading 50% proficiency, ranked #185 of 535 in MO (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 28 active listings in the ZIP.

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (9.3% local appreciation)).
• Hickory County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.

Recommended offer $80,091 (49.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 50% concession, seller financing, or rate buy-down credit?
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. 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?
8. 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.
9. 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.
10. 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: 0.50% ✗
• Cap rate: 2.75%
• Cash-on-cash: -12.67%
• DSCR: 0.44
• GRM: 16.6

CMA / ARV

• ARV (median comp): $186,761
• List price: $160,000
• Delta: -14.33%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

9.3% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.8%
• Equity multiple: 2.10×
• Total profit: $49,450
• Equity at exit: $136,081

10-year hold

• IRR: 13.8%
• Equity multiple: 4.74×
• Total profit: $167,626
• Equity at exit: $285,290

Cash invested: $44,800 (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 65668

• Home prices YoY: 4.5%
• Active inventory: 28
• Price-to-rent: 16.6×

Monthly cashflow live

• Estimated rent: $801 medium
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,400/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$168
• Net cashflow: $-473

Break-even live

Break-even rent $1,400

Max offer price $91,555

Occupancy floor —

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-18
   days on market $160,000 Active 62 DOM
2. 2026-06-18
   price $160,000 Active 61 DOM
3. 2026-06-17
   days on market $174,999 Active 61 DOM
4. 2026-06-16
   days on market $174,999 Active 60 DOM
5. 2026-06-15
   days on market $174,999 Active 59 DOM
6. 2026-06-13
   days on market $174,999 Active 57 DOM
7. 2026-06-12
   days on market $174,999 Active 56 DOM
8. 2026-06-09
   days on market $174,999 Active 53 DOM
9. 2026-06-08
   days on market $174,999 Active 52 DOM
10. 2026-06-07
    days on market $174,999 Active 51 DOM
11. 2026-06-07
    pricedays on market $174,999 Active 50 DOM
12. 2026-06-04
    days on market $179,999 Active 47 DOM
13. 2026-06-02
    days on market $179,999 Active 46 DOM
14. 2026-06-01
    days on market $179,999 Active 45 DOM
15. 2026-05-31
    days on market $179,999 Active 44 DOM
16. 2026-05-09
    price $179,999 1990-char remark

    Show marketing remark (1990 chars)

    WELCOME HOME to this cozy retreat just a few short miles from the lakes! Imagine just a quick ride (LESS than 10 minutes!) to fish on Pomme de Terre Lake or to Truman Lake (only approx 30 minutes)! Sitting on just over 5 wooded acres, this cabin has been very well maintained, including many recent renovations for the ultimate comfort! Open floor plan allows for comfortable living and kitchen space. Hall connecting bedroom and main cabin is currently utilized as an office; or could be used for additional storage - easily versatile! Relax in the extra large bedroom with two custom built closets and beautiful wood touches to backdrop the stunning view out of the French doors. The deck is newly built in 2023 and adds the perfect space to unwind and enjoy the sounds of nature and gaze upon the stars. Freshly painted inside & out, French doors installed from the master bedroom opening to the new expansive deck, plus a new lofted storage shed with electricity for lights, charging equipment and a fully functioning workshop! An insulated well house is attached to a large outbuilding/shed for more storage, plus a 3rd shed for a great option of keeping your equipment, wood, etc. A, top of the line, Moore Water Softener and Purifier is staying ($10,000 value, warranty included) for the best well water in Hickory county!! There is also a concrete foundation on the acreage with water and electricity connected that can be built on for additional storage or another residence. Whole yard around the house fenced, and other areas are fenced also. Gravel easement road runs on north side of property from front to back, and is maintained by cemetery (rarely used). You will enjoy families of deer and so much wildlife that graze in the property just outside your window! Enjoy all that Pomme has to offer from local festivals, boat races, fishing competitions, down home local shops & so much more!! A peaceful place to call HOME throughout fun trips or all year round!

17. 2026-04-18
    listed $199,000 Active 1990-char remark

    Show marketing remark (1990 chars)

    WELCOME HOME to this cozy retreat just a few short miles from the lakes! Imagine just a quick ride (LESS than 10 minutes!) to fish on Pomme de Terre Lake or to Truman Lake (only approx 30 minutes)! Sitting on just over 5 wooded acres, this cabin has been very well maintained, including many recent renovations for the ultimate comfort! Open floor plan allows for comfortable living and kitchen space. Hall connecting bedroom and main cabin is currently utilized as an office; or could be used for additional storage - easily versatile! Relax in the extra large bedroom with two custom built closets and beautiful wood touches to backdrop the stunning view out of the French doors. The deck is newly built in 2023 and adds the perfect space to unwind and enjoy the sounds of nature and gaze upon the stars. Freshly painted inside & out, French doors installed from the master bedroom opening to the new expansive deck, plus a new lofted storage shed with electricity for lights, charging equipment and a fully functioning workshop! An insulated well house is attached to a large outbuilding/shed for more storage, plus a 3rd shed for a great option of keeping your equipment, wood, etc. A, top of the line, Moore Water Softener and Purifier is staying ($10,000 value, warranty included) for the best well water in Hickory county!! There is also a concrete foundation on the acreage with water and electricity connected that can be built on for additional storage or another residence. Whole yard around the house fenced, and other areas are fenced also. Gravel easement road runs on north side of property from front to back, and is maintained by cemetery (rarely used). You will enjoy families of deer and so much wildlife that graze in the property just outside your window! Enjoy all that Pomme has to offer from local festivals, boat races, fishing competitions, down home local shops & so much more!! A peaceful place to call HOME throughout fun trips or all year round!

18. 2026-04-17
    historical $199,000 1990-char remark

    Show marketing remark (1990 chars)

    WELCOME HOME to this cozy retreat just a few short miles from the lakes! Imagine just a quick ride (LESS than 10 minutes!) to fish on Pomme de Terre Lake or to Truman Lake (only approx 30 minutes)! Sitting on just over 5 wooded acres, this cabin has been very well maintained, including many recent renovations for the ultimate comfort! Open floor plan allows for comfortable living and kitchen space. Hall connecting bedroom and main cabin is currently utilized as an office; or could be used for additional storage - easily versatile! Relax in the extra large bedroom with two custom built closets and beautiful wood touches to backdrop the stunning view out of the French doors. The deck is newly built in 2023 and adds the perfect space to unwind and enjoy the sounds of nature and gaze upon the stars. Freshly painted inside & out, French doors installed from the master bedroom opening to the new expansive deck, plus a new lofted storage shed with electricity for lights, charging equipment and a fully functioning workshop! An insulated well house is attached to a large outbuilding/shed for more storage, plus a 3rd shed for a great option of keeping your equipment, wood, etc. A, top of the line, Moore Water Softener and Purifier is staying ($10,000 value, warranty included) for the best well water in Hickory county!! There is also a concrete foundation on the acreage with water and electricity connected that can be built on for additional storage or another residence. Whole yard around the house fenced, and other areas are fenced also. Gravel easement road runs on north side of property from front to back, and is maintained by cemetery (rarely used). You will enjoy families of deer and so much wildlife that graze in the property just outside your window! Enjoy all that Pomme has to offer from local festivals, boat races, fishing competitions, down home local shops & so much more!! A peaceful place to call HOME throughout fun trips or all year round!

19. 2022-12-19
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,611
• − Mortgage interest: −$8,962
• − Property taxes: −$2,400
• − Insurance: −$800
• − Repairs & maintenance: −$769
• − Management: −$769
• − Depreciation: −$4,655
• Taxable loss: −$8,744
• Est. tax savings @ 24.0%: +$2,099
• After-tax cash flow: $-3,578/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: Hermitage R-IV
• NCES district ID: 2914310
• Math proficiency: 45% ▬ 0.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $30,066
• Composite: 40.92/100
• National rank: #7513
• State rank: #185 of 535 in MO

Livability — Hermitage

• Score: 54/100
• State rank: #788
• US rank: #23974

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,692

Population outlook (Hickory County) Hauer SSP2

• Today (2025): 8,206 people
• By 2030: 7,690 · -6.3%
• By 2040: 6,780 · -17.4%
• By 2050: 6,076 · -26.0%
• By 2075: 5,088 · -38.0%
• By 2100: 4,489 · -45.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Puerto Rican 5% Dominican 1%
• Common ancestry: Lithuanian 7% Italian 5% Iranian 4%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Hickory

• 2024 margin: Solid R (+61.1) · D 19.1% · R 80.2%
• 2008→2024 swing: -47.9pp toward R · 2008: -13.3pp · 2024: -61.1pp
• All cycles: 2024: R+61.1 2020: R+57.3 2016: R+53.5 2012: R+23.6 2008: R+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.30%
• Current HPI: 215.6823
• 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

-9.5% since first listed

4 events — show timeline

• 2026-05-09 Price Changed $179,999 Heartland MLS as Distributed by MLS Grid
• 2026-04-18 Listed $199,000 Heartland MLS as Distributed by MLS Grid
• 2026-04-17 Coming Soon $199,000 Heartland MLS as Distributed by MLS Grid
• 2022-12-19 Sold (Public Records) — Public Records

Property tax history

+10.1%/yr

Latest (2025): $279 · +6.7% YoY. Source: county tax records.