1201 Pecan St · Lake Lafayette, MO 64076

$177,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 11 Days on market

Built 1995 0.43 ac lot $10/mo HOA · 1% of rent

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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 +20.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +4.3/10.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

Key facts

• Large eat-in kitchen
• Walk-in closet
• Private bath

Tags

• MAIN FLOOR LAUNDRY
• LARGE EAT-IN KITCHEN
• WALK-IN CLOSET
• PRIVATE BATH
• SOAKING TUB
• SEPARATE SHOWER

Property features AI

Finance

• HOA & community: Lake Lafayette association with annual fee of $120; No community maintenance provided

Exterior

• Parking: Detached garage with garage door opener; 2-car garage
• Utilities: Public water; Septic tank sewer
• Home design: Single-family ranch home; One-story; Above-grade living area approximately 1,344 (per public records)
• Construction: Wood siding; Composition roof
• Exterior features: Deck; Patio; Wood fencing; Gravel road access; Lake access and lake privileges

Interior

• Kitchen: Laminate counters; Pantry; Dishwasher; Gas range; Refrigerator
• Bedrooms: 3 bedrooms (all on the first floor); Primary bedroom with walk-in closet and carpet; Second bedroom with ceiling fan and walk-in closet; Third bedroom with carpet
• Flooring: Carpet; Vinyl; Ceramic tile in living area
• Bathrooms: 2 full bathrooms; One bathroom with shower only and tub only; One bathroom with shower over tub and vinyl
• Heating & cooling: Propane heating; Electric cooling
• Interior features: Ceiling fans; Pantry; Stained cabinets; Walk-in closets; Eat-in kitchen; Crawl space basement
• Laundry & utility: Main-level laundry; Washer and dryer included; Laundry room with vinyl flooring

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $177k.

Deal economics

• At list price, monthly cash flow is $237 ($3k/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 $165k (6.5% below list).
• Recommended offer: $165k (6.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 50/100 on livability (#907 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Odessa R-VII (town): math 34% / reading 48% proficiency, ranked #123 of 324 in MO (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Odessa High (math 8% / reading 62%, grade F, #318 of 521 statewide, top 61%, 664 students, 25% FRL).
• Market conditions: 146 active listings in the ZIP; 112 units permitted in Lafayette County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Lafayette County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 6y 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.

Recommended offer $165,435 (6.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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.
6. 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.
7. 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: 0.93% ✗
• Cap rate: 7.90%
• Cash-on-cash: 5.74%
• DSCR: 1.26
• GRM: 8.9

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: -7.5%
• Equity multiple: 0.72×
• Total profit: $-13,651
• Equity at exit: $26,391

10-year hold

• IRR: 2.1%
• Equity multiple: 1.15×
• Total profit: $7,274
• Equity at exit: $15,304

Cash invested: $49,560 (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 64076

• Home prices YoY: -18.0%
• Active inventory: 146
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,654 medium
• Mortgage (P&I): −$928
• Tax from tax record: −$58 /mo · $695/yr
• Insurance: −$74
• HOA: −$10
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $237

Break-even live

Break-even rent $1,354

Max offer price $177,000

Occupancy floor 81%

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: $44,250
• Closing costs: $5,310
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $10 · $120/yr

Listing history 10 events

1. 2026-04-20
   status Pending
2. 2026-04-12
   historical Active Under Contract
3. 2026-04-08
   listed $177,000 Active
4. 2020-11-25
   soldstatus
5. 2020-11-06
   soldstatus Closed 942-char remark

   Show marketing remark (942 chars)

   Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

6. 2020-10-11
   status Pending 942-char remark

   Show marketing remark (942 chars)

   Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

7. 2020-10-06
   historical Active Under Contract 942-char remark

   Show marketing remark (942 chars)

   Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

8. 2020-09-28
   status Active 942-char remark

   Show marketing remark (942 chars)

   Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

9. 2020-09-26
   historical Active Under Contract 942-char remark

   Show marketing remark (942 chars)

   Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

10. 2020-09-25
    listed $95,000 Active 942-char remark

    Show marketing remark (942 chars)

    Back on the market, no fault the seller. Peaceful lake retreat, minutes from the city! 3 bed/2 bath mobile home has large rooms, main floor laundry & huge eat-in kitchen. MBR is spacious w/ large w/ in closet & private ensuite w/ make-up vanity, garden tub & w/ in shower. Oversized garage is a mechanics dream! It has tons of cabinets & workspace & it's own heater! The exterior has a concrete patio in back, large deck in front & leaf guards that have a warranty. The lot is . 429 acres, partially fenced w/ mature trees. Secondary bedrooms are large, w/ spacious closets. The washer & dryer stay w/ the property. Laundry room has cabinets & drying rod & walks out to the back patio. There are 3 lakes that allow boating, fishing, canoeing, kayaking, paddle boarding & swimming. A great weekend getaway! Paradise! Lake sizes are approximately 100 acres, 15 acres & 5 acres.

ⓘ 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: $695 · $58/mo
• Projected year-2 tax: $1,717 · $143/mo
• Expected delta: +$1,022/yr (+$85/mo · 147.1%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,852
• − Mortgage interest: −$9,915
• − Property taxes: −$695
• − Insurance: −$885
• − Repairs & maintenance: −$1,588
• − Management: −$1,588
• − HOA: −$120
• − Depreciation: −$5,149
• Taxable loss: −$88
• Est. tax savings @ 24.0%: +$21
• After-tax cash flow: $2,866/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: Odessa R-VII
• NCES district ID: 2923100
• Math proficiency: 34% ▼ -9.00%
• Reading proficiency: 48% ▼ -1.00%
• Median HH income: $51,736
• Composite: 35.44/100
• National rank: #4932
• State rank: #123 of 324 in MO

Livability — Lake Lafayette

• Score: 50/100
• State rank: #907
• US rank: #25659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Lafayette, MO
• Population (ZIP): 9,236

Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 31,118 people
• By 2030: 29,993 · -3.6%
• By 2040: 27,436 · -11.8%
• By 2050: 24,585 · -21.0%
• By 2075: 18,426 · -40.8%
• By 2100: 12,897 · -58.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 4%
• Common ancestry: Slovak 4% Danish 2% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Lafayette

• 2024 margin: Solid R (+48.9) · D 24.9% · R 73.8% · Other 1.3%
• 2008→2024 swing: -33.6pp toward R · 2008: -15.3pp · 2024: -48.9pp
• All cycles: 2024: R+48.9 2020: R+45.7 2016: R+43.8 2012: R+26.3 2008: R+15.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.23%
• Current HPI: 255.8581
• 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

+86.3% since first listed

10 events — show timeline

• 2026-04-20 Pending — Heartland MLS as Distributed by MLS Grid
• 2026-04-12 Contingent — Heartland MLS as Distributed by MLS Grid
• 2026-04-08 Listed $177,000 Heartland MLS as Distributed by MLS Grid
• 2020-11-25 Sold (Public Records) — Public Records
• 2020-11-06 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2020-10-11 Pending — Heartland MLS as Distributed by MLS Grid
• 2020-10-06 Contingent — Heartland MLS as Distributed by MLS Grid
• 2020-09-28 Relisted — Heartland MLS as Distributed by MLS Grid
• 2020-09-26 Contingent — Heartland MLS as Distributed by MLS Grid
• 2020-09-25 Listed $95,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+1.8%/yr

Latest (2025): $695 · +11.5% YoY. Source: county tax records.