2000 Wismer Ave · Overland, MO 63114

$135,000

3 bd · 1.0 ba · 976 sqft · SingleFamily public records · 86 Days on market

Built 1951 5,998 sqft lot $138/sqft · 13% below area Est $155k · 13% under

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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 +21.1/30.0
• ARV discount +13.2/15.0
• DSCR +6.7/10.0
• 1% rule +5.3/10.0
• Livability +3.1/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

Key facts

• Fenced yard
• Newer lvp flooring
• Newer windows

Tags

• NEWER LVP FLOORING
• NEWER WINDOWS
• FENCED YARD
• OFF-STREET PARKING
• UPDATED ELECTRIC PANEL

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $193 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.3% in Overland — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 61/100 on livability (#436 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools F, crime F.
• Ritenour (suburban): math 13% / reading 27% proficiency, ranked #304 of 324 in MO (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.0%/yr); 118 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $15k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — 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 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?
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: 1.03% ✓
• Cap rate: 8.01%
• Cash-on-cash: 6.13%
• DSCR: 1.27
• GRM: 8.1

CMA / ARV

• ARV (median comp): $154,742
• List price: $135,000
• Delta: -12.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2000 Wismer Ave	0.00mi	2/1.0 (-1)	976 (0%)	1mo	$135,000	$138	94
9608 Miriam Ave	0.19mi	3/1.0	888 (-9%)	2mo	$189,900	$214	74
9546 Theodosia Ave	0.28mi	3/1.0	884 (-9%)	1mo	$185,000	$209	71
10027 Lackland Rd	0.43mi	2/1.0 (-1)	1,008 (+3%)	3mo	$179,000	$178	67
9604 Ridge Ave	0.23mi	3/1.0	1,120 (+15%)	1mo	$145,000	$129	64
9913 Zykan Ct	0.29mi	2/1.0 (-1)	1,082 (+11%)	3mo	$165,000	$152	61
9518 Cote Brilliante Ave	0.42mi	2/1.0 (-1)	864 (-12%)	4mo	$142,500	$165	53
9741 Trescott Ave	0.43mi	2/1.5 (-1)	1,082 (+11%)	3mo	$89,900	$83	52
2206 Wengler Ave	0.50mi	2/1.0 (-1)	864 (-12%)	2mo	$125,000	$145	51
9509 Trescott Ave	0.61mi	2/2.0 (-1)	912 (-7%)	1mo	$140,000	$154	50
9233 Meadowbrook Ln	0.74mi	2/1.0 (-1)	864 (-12%)	0mo	$159,900	$185	41
1908 Korando Ave	0.67mi	2/1.0 (-1)	1,104 (+13%)	4mo	$135,000	$122	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.04% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.71×
• Total profit: $-10,908
• Equity at exit: $20,129

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $996
• Equity at exit: $11,672

Cash invested: $37,800 (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 63114

• Rents YoY: 2.0%
• Active inventory: 118
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,389 high
• Mortgage (P&I): −$708
• Tax from tax record: −$140 /mo · $1,681/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $193

Break-even live

Break-even rent $1,145

Max offer price $135,000

Occupancy floor 81%

Sensitivity live

Price	-10% $269	-5% $231	+0% $193	+5% $155	+10% $117
Rent	-10% $83	-5% $138	+0% $193	+5% $248	+10% $303
Rate	-1.0pp $261	-0.5pp $227	base $193	+0.5pp $158	+1.0pp $122

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9905 Iveland Dr Saint Louis, MO	2.0	1.0	816	$1,370	$1.68	4d	1	0.24mi
2201 Gaebler Ave Unit A Overland, MO	2.0	1.0	710	$1,250	$1.76	24d	1	0.62mi
1150 N Price Rd St. Louis, MO	1.0–3.0	1.0–2.0	999	$3,731	$3.73	3d	151	1.22mi
9472 Olive Blvd Olivette, MO	1.0–2.0	1.0–2.0	701	$1,210	$1.73	4d	3	1.27mi
9882 Greenery Ln Saint Louis, MO	2.0	1.0	900	$1,400	$1.56	45d	1	1.29mi
9814 Greenery Ln Unit D Saint Louis, MO	2.0	1.0	875	$1,250	$1.43	24d	1	1.29mi
9826 Greenery Ln Saint Louis, MO	2.0	1.0	900	$1,275	$1.42	45d	1	1.29mi
9814 Greenery Ln Saint Louis, MO	2.0	1.0	900	$1,475	$1.64	45d	1	1.29mi
2732 Annapolis Ave Saint Louis, MO	2.0	1.0	768	$1,250	$1.63	45d	1	1.30mi
9618 De Porres Ln Saint Louis, MO	2.0	1.0	875	$1,200	$1.37	45d	1	1.37mi
9535 Baltimore Ave Saint Louis, MO	2.0	1.0	800	$1,145	$1.43	24d	1	1.38mi
9150 Olive Xing St. Louis, MO	1.0–2.0	1.0–2.0	1084	$3,575	$3.30	3d	3	1.42mi
9429 Baltimore Ave Saint Louis, MO	2.0	1.0	900	$1,200	$1.33	24d	1	1.44mi

Listing history 9 events

1. 2026-05-07
   status Pending 577-char remark

   Show marketing remark (577 chars)

   OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

2. 2026-04-14
   price $135,000 577-char remark

   Show marketing remark (577 chars)

   OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

3. 2026-03-10
   price $140,000 577-char remark

   Show marketing remark (577 chars)

   OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

4. 2026-02-09
   listed $150,000 Active 577-char remark

   Show marketing remark (577 chars)

   OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

5. 2026-02-09
   historical $150,000 577-char remark

   Show marketing remark (577 chars)

   OUTSTANDING OPPORTUNITY in Overland!!! Move right in to this one! Newer LVP flooring, newer windows & siding and MORE! Great fenced yard, off-street parking, and updated electric panel make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

6. 2022-03-04
   soldstatus $132,000
7. 2021-08-13
   soldstatus Closed 152-char remark

   Show marketing remark (152 chars)

   Cozy 3 bedroom 1 bathroom in the heart of Overland, ready for it's next chapter and your personal touch. Close to highways and shopping, don't miss out!

8. 2021-05-25
   status Pending 152-char remark

   Show marketing remark (152 chars)

   Cozy 3 bedroom 1 bathroom in the heart of Overland, ready for it's next chapter and your personal touch. Close to highways and shopping, don't miss out!

9. 2021-05-07
   listed $59,900 Active 152-char remark

   Show marketing remark (152 chars)

   Cozy 3 bedroom 1 bathroom in the heart of Overland, ready for it's next chapter and your personal touch. Close to highways and shopping, don't miss out!

ⓘ 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: $1,681 · $140/mo
• Projected year-2 tax: $1,681 · $140/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 4/10 Moderate 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: $16,668
• − Mortgage interest: −$7,562
• − Property taxes: −$1,681
• − Insurance: −$675
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − Depreciation: −$3,927
• Taxable income: $156
• Est. tax owed @ 24.0%: −$37
• After-tax cash flow: $2,279/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: Ritenour
• NCES district ID: 2926640
• Math proficiency: 13% ▼ -14.00%
• Reading proficiency: 27% ▼ -7.00%
• Median HH income: $41,410
• Composite: 17.04/100
• National rank: #9125
• State rank: #304 of 324 in MO

Livability — Overland

• Score: 61/100
• State rank: #436
• US rank: #17870

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Overland, MO
• County: Saint Louis County · 888,823 people
• City population: 33,969
• Metro: St. Louis, MO-IL
• Population (ZIP): 33,969
• Household income: $55,870
• Rent vs Own: 41.8% rent · 58.2% own
• Severe rent burden: 1595.0

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 0.64)
• Race & ethnicity: White 50% Black 30% Hispanic / Latino 11% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 3% Italian 2% Romanian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 10% French/Haitian/Cajun 2% Tagalog/Filipino 1%

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: ▼ -276.62%
• Current HPI: 223.9305
• Rent YoY: ▲ 2.04%
• 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

+125.4% since first listed

9 events — show timeline

• 2026-05-07 Pending — MARIS as Distributed by MLS Grid
• 2026-04-14 Price Changed $135,000 MARIS as Distributed by MLS Grid
• 2026-03-10 Price Changed $140,000 MARIS as Distributed by MLS Grid
• 2026-02-09 Listed $150,000 MARIS as Distributed by MLS Grid
• 2026-02-09 Coming Soon $150,000 MARIS as Distributed by MLS Grid
• 2022-03-04 Sold (Public Records) $132,000 Public Records
• 2021-08-13 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2021-05-25 Pending — MARIS as Distributed by MLS Grid
• 2021-05-07 Listed $59,900 MARIS as Distributed by MLS Grid

Property tax history

+1.0%/yr

Latest (2022): $1,681 · +0.0% YoY. Source: county tax records.