39665 Bernard Rd · Malden, MO 63863

$145,000

4 bd · 2.0 ba · 1,300 sqft · Other public records · 15 Days on market

Built 1980 0.45 ac lot ↓ 9% 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).

• Cash flow +17.1/30.0
• ARV discount +7.5/15.0
• Appreciation +6.6/10.0
• DSCR +5.3/10.0
• 1% rule +3.4/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

Key facts

• Enough parking
• Back yard
• 0.45 acre lot

Tags

• BACK YARD
• ENOUGH ROOM FOR A POOL
• ENOUGH PARKING

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Utilities: Public water; Public sewer; Single phase electric; Cable connected; Electricity connected
• Home design: Single-family residence; One story; Residential property
• Construction: Vinyl siding; Architectural shingle roof
• Exterior features: Patio; Back yard

Interior

• Kitchen: Stainless steel appliances including dishwasher, range and refrigerator
• Bedrooms: Four bedrooms (all on the main level)
• Bathrooms: Two full bathrooms (main level)
• Heating & cooling: Electric heat; Central air conditioning
• Interior features: Stainless steel appliances; Dishwasher; Range; Refrigerator; Central air

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $145k.

Deal economics

• At list price, monthly cash flow is $102 ($1k/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 $121k (16.4% below list).
• Recommended offer: $121k (16.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#572 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.
• Malden R-I (town): math 19% / reading 31% proficiency, ranked #294 of 324 in MO (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Malden Lower Elem. (math 23% / reading 35%, grade F, #842 of 1,115 statewide, top 76%, 454 students, 100% FRL); Malden High (math 12% / reading 27%, grade F, #478 of 521 statewide, top 92%, 425 students, 100% FRL) — zoned schools average 100% FRL vs 63% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 35 active listings in the ZIP; 30 units permitted in Dunklin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($1k loan paydown + $5k appreciation (3.3% local appreciation)).
• Dunklin County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.3% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,202 (16.4% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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?
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: 0.84% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.02%
• DSCR: 1.13
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.26% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.64×
• Total profit: $25,886
• Equity at exit: $67,317

10-year hold

• IRR: 13.0%
• Equity multiple: 2.98×
• Total profit: $80,525
• Equity at exit: $105,423

Cash invested: $40,600 (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 63863

• Home prices YoY: 2.9%
• Active inventory: 35
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,212 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$35 /mo · $416/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $102

Break-even live

Break-even rent $1,083

Max offer price $145,000

Occupancy floor 87%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-03
   status $145,000 Pending 15 DOM
2. 2026-06-02
   days on market $145,000 Active 15 DOM
3. 2026-06-01
   days on market $145,000 Active 14 DOM
4. 2026-05-31
   days on market $145,000 Active 13 DOM
5. 2026-05-18
   listed $145,000 Active
6. 2025-09-03
   status Pending 974-char remark

   Show marketing remark (974 chars)

   Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

7. 2025-09-02
   soldstatus Closed 974-char remark

   Show marketing remark (974 chars)

   Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

8. 2025-08-07
   historical Active Under Contract 974-char remark

   Show marketing remark (974 chars)

   Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

9. 2025-06-13
   status Active 974-char remark

   Show marketing remark (974 chars)

   Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

10. 2025-06-13
    price $149,900 974-char remark

    Show marketing remark (974 chars)

    Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

11. 2025-06-13
    listed $159,900 Active 974-char remark

    Show marketing remark (974 chars)

    Welcome to 39665 Bernard Road in Malden, MO - a beautifully remodeled 4-bedroom, 2-bath home offering comfort, space, and convenience. Nestled on a quiet street, this home features fresh updates throughout, including modern finishes, new flooring, and stylish fixtures, creating a move-in-ready space perfect for families or anyone seeking a peaceful retreat. The open layout enhances natural light, while the spacious kitchen and living areas provide ample room for daily living and entertaining. The large yard offers endless possibilities for outdoor enjoyment, gardening, or play, all within a serene setting. Located just minutes from downtown Malden, you'll have quick access to shopping, dining, and local amenities. Plus, the home is close to public schools, making it ideal for families with children. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort and value in a welcoming neighborhood. Don't miss your chance to make it yours!

12. 2004-07-14
    soldstatus

ⓘ 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: $416 · $35/mo
• Projected year-2 tax: $1,406 · $117/mo
• Expected delta: +$991/yr (+$83/mo · 238.3%)

ⓘ 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 ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 7% 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: $14,544
• − Mortgage interest: −$8,122
• − Property taxes: −$416
• − Insurance: −$725
• − Repairs & maintenance: −$1,164
• − Management: −$1,164
• − Depreciation: −$4,218
• Taxable loss: −$1,264
• Est. tax savings @ 24.0%: +$303
• After-tax cash flow: $1,528/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: Malden R-I
• NCES district ID: 2919890
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 31% ▼ -3.00%
• Median HH income: $29,537
• Composite: 20.06/100
• National rank: #8656
• State rank: #294 of 324 in MO

Livability — Malden

• Score: 59/100
• State rank: #572
• US rank: #20610

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

• City population: 5,348
• Population (ZIP): 5,348

Population outlook (Dunklin County) Hauer SSP2

• Today (2025): 28,599 people
• By 2030: 27,230 · -4.8%
• By 2040: 24,696 · -13.6%
• By 2050: 22,402 · -21.7%
• By 2075: 17,776 · -37.8%
• By 2100: 13,890 · -51.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 11% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Italian 3% Slovak 2% Serbian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Dunklin

• 2024 margin: Solid R (+61.8) · D 18.8% · R 80.5%
• 2008→2024 swing: -40.5pp toward R · 2008: -21.3pp · 2024: -61.8pp
• All cycles: 2024: R+61.8 2020: R+57.0 2016: R+53.6 2012: R+30.2 2008: R+21.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.26%
• Current HPI: 116.067
• 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

-9.3% since first listed

8 events — show timeline

• 2026-05-18 Listed $145,000 MARIS as Distributed by MLS Grid
• 2025-09-03 Pending — MARIS as Distributed by MLS Grid
• 2025-09-02 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2025-08-07 Contingent — MARIS as Distributed by MLS Grid
• 2025-06-13 Relisted — MARIS as Distributed by MLS Grid
• 2025-06-13 Price Changed $149,900 MARIS as Distributed by MLS Grid
• 2025-06-13 Listed $159,900 MARIS as Distributed by MLS Grid
• 2004-07-14 Sold (Public Records) — Public Records

Property tax history

+1.2%/yr

Latest (2025): $416 · +3.4% YoY. Source: county tax records.