1537 Chesley Dr · Dellwood, MO 63136

$99,900

3 bd · 1.0 ba · 1,014 sqft · SingleFamily public records · 91 Days on market

Built 1958 6,499 sqft lot $99/sqft · 29% below area Est $141k · 29% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Appreciation +6.9/10.0
• Rent growth +3.7/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.4/10.0

Listing remarks MLS

Opportunity awaits with this 3 bedroom, 1 bathroom home full of potential. The property features hardwood floors, a full basement offering additional storage or future finishing possibilities, and a one-car garage. With the right updates and improvements, this home could be a great investment or renovation project. The property is being sold as-is. The seller will make no repairs and utilities will not be turned on for inspections or showings. Buyers should perform any due diligence prior to submitting an offer. Great opportunity for investors, rehabbers, or buyers looking to add value. Bring your ideas and vision to make this property shine again. please email offers only *no text offers please* Offers must include Sellers Addendum see documents.

Key facts

• One car garage
• Full basement
• Hardwood floors

Tags

• HARDWOOD FLOORS
• FULL BASEMENT
• ONE CAR GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $380 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $91k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#239 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools D, crime D-.
• Riverview Gardens (suburban): math 2% / reading 9% proficiency, ranked #324 of 324 in MO (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.0%/yr); 372 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).
• This rent runs 40% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $4k appreciation (3.8% local appreciation)).
• At projected returns (3.8% appreciation + 5.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 13y 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 1958 — 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 $90,909 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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 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 D 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: 1.38% ✓
• Cap rate: 10.85%
• Cash-on-cash: 16.28%
• DSCR: 1.72
• GRM: 6.0

CMA / ARV

• ARV (median comp): $140,911
• List price: $99,900
• Delta: -29.10%
• 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
1646 Hudson Rd	0.24mi	3/1.0	1,014 (0%)	2mo	$164,500	$162	87
10515 Alliance Dr	0.29mi	3/1.0	1,014 (0%)	0mo	$112,900	$111	86
10418 Quaker Dr	0.24mi	3/1.5	1,014 (0%)	2mo	$64,900	$64	86
1618 Keelen Dr	0.27mi	3/1.0	936 (-8%)	3mo	$160,000	$171	72
1923 Nashua Dr	0.64mi	3/1.0	1,014 (0%)	1mo	$149,900	$148	69
1716 Atmore Dr	0.40mi	3/1.0	950 (-6%)	2mo	$130,000	$137	69
10615 Alliance Dr	0.40mi	3/2.0	975 (-4%)	3mo	$119,900	$123	68
1354 Stein Rd	0.40mi	4/2.0 (+1)	982 (-3%)	2mo	$160,000	$163	65
10257 Dacey Dr	0.72mi	3/1.5	1,014 (0%)	2mo	$120,000	$118	63
10269 Dacey Dr	0.70mi	4/1.0 (+1)	1,014 (0%)	1mo	$169,000	$167	62
1715 Hudson Rd	0.30mi	2/1.0 (-1)	1,145 (+13%)	1mo	$125,000	$109	58
10719 Trask Dr	0.69mi	3/1.0	900 (-11%)	3mo	$143,500	$159	46

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

Projected returns pro-forma

3.79% appreciation · 4.97% rent growth · sell at horizon

5-year hold

• IRR: 25.8%
• Equity multiple: 2.55×
• Total profit: $43,265
• Equity at exit: $49,429

10-year hold

• IRR: 26.9%
• Equity multiple: 5.27×
• Total profit: $119,538
• Equity at exit: $79,886

Cash invested: $27,972 (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 63136

• Home prices YoY: 0.9%
• Rents YoY: 5.0%
• Active inventory: 372
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,378 high
• Mortgage (P&I): −$524
• Tax from tax record: −$144 /mo · $1,724/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $380

Break-even live

Break-even rent $898

Max offer price $99,900

Occupancy floor 67%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10329 Chesley Dr Saint Louis, MO	3.0	1.0	1014	$1,350	$1.33	23d	1	0.07mi
1547 Babcock Dr Saint Louis, MO	3.0	1.0	1014	$1,480	$1.46	43d	1	0.09mi
10304 Bon Oak Dr Saint Louis, MO	3.0	1.5	1500	$1,250	$0.83	43d	1	0.38mi
1654 Mowbry Ln Saint Louis, MO	3.0	1.0	936	$1,300	$1.39	23d	1	0.45mi
10239 Green Valley Dr Saint Louis, MO	3.0	1.0	1014	$1,395	$1.38	23d	1	0.70mi
62 Capitol Hill Dr Saint Louis, MO	3.0	2.0	1239	$1,250	$1.01	43d	1	0.74mi
9868 Lorna Ln Saint Louis, MO	3.0	1.0	1032	$1,175	$1.14	43d	1	0.78mi
10124 Winkler Dr Saint Louis, MO	2.0	1.0	792	$1,400	$1.77	3d	1	0.82mi
9850 Dennis Dr Saint Louis, MO	2.0	1.0	1032	$1,175	$1.14	43d	1	0.83mi
9845 Dennis Dr Saint Louis, MO	3.0	1.0	960	$1,550	$1.61	12d	1	0.86mi
9840 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,095	$1.20	43d	1	0.86mi
9839 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,095	$1.20	43d	1	0.89mi
920 Hutton Pl Saint Louis, MO	3.0	1.0	912	$1,195	$1.31	43d	1	0.89mi
10128 Cloverdale Dr Saint Louis, MO	2.0	1.0	792	$1,000	$1.26	43d	1	0.91mi
10128 Cloverdale Dr Saint Louis, MO	2.0	1.0	792	$1,000	$1.26	23d	1	0.91mi
10078 Green Valley Dr Saint Louis, MO	3.0	1.0	900	$1,325	$1.47	7d	1	0.92mi
502 Averill Ave Saint Louis, MO	2.0	1.0	840	$1,250	$1.49	43d	1	0.95mi
1733 Kappel Ave Saint Louis, MO	3.0	1.0	912	$1,250	$1.37	23d	1	0.97mi
338 La Motte Ln Saint Louis, MO	2.0	1.0	904	$1,150	$1.27	43d	1	1.02mi
1926 Chambers Rd Saint Louis, MO	4.0	1.0	1095	$995	$0.91	14d	1	1.02mi
10129 Cavalier Ct Saint Louis, MO	3.0	1.5	912	$1,250	$1.37	23d	1	1.03mi
9750 Lorna Ln Saint Louis, MO	3.0	1.0	1032	$1,100	$1.07	43d	1	1.06mi
536 Ames Pl Saint Louis, MO	4.0	1.5	1305	$1,750	$1.34	1d	1	1.06mi
650 Robert Ave Ferguson, MO	3.0	1.0	816	$1,224	$1.50	43d	1	1.08mi
9725 Medford Dr Saint Louis, MO	3.0	1.0	912	$1,485	$1.63	43d	1	1.11mi
307 Coppinger Dr Saint Louis, MO	3.0	1.0	960	$1,095	$1.14	17d	1	1.14mi
415 Ames Pl Saint Louis, MO	3.0	1.0	816	$1,400	$1.72	43d	1	1.14mi
9827 Winkler Dr Saint Louis, MO	3.0	1.0	864	$1,450	$1.68	7d	1	1.15mi
9823 Winkler Dr Saint Louis, MO	2.0	1.0	788	$900	$1.14	43d	1	1.16mi
104 Fenwick Dr Saint Louis, MO	3.0	1.0	960	$1,250	$1.30	23d	1	1.16mi
9812 Balboa Dr Saint Louis, MO	4.0	2.0	1500	$1,495	$1.00	22d	1	1.17mi
9717 Dennis Dr Saint Louis, MO	3.0	1.0	1056	$1,323	$1.25	43d	1	1.21mi
2745 Rottingdean Dr St. Louis, MO	1.0–2.0	1.0	825	$975	$1.18	43d	1	1.22mi
2259 Ainsworth Dr Saint Louis, MO	4.0	2.0	1500	$1,776	$1.18	43d	1	1.23mi
3582 Pershall Rd Unit 3631 Ferguson, MO	2.0	2.0	1500	$1,295	$0.86	43d	1	1.25mi
9709 Balboa Dr Saint Louis, MO	3.0	1.0	1000	$1,600	$1.60	43d	1	1.26mi
2257 Luxmore Dr Saint Louis, MO	3.0	3.0	1073	$1,495	$1.39	23d	1	1.28mi
1536 Springlet Ct #31 Florissant, MO	3.0	2.5	1161	$1,450	$1.25	7d	1	1.30mi
13 N Hartnett Ave Saint Louis, MO	3.0	1.0	1140	$1,400	$1.23	10d	1	1.30mi
401 Millman Dr Saint Louis, MO	3.0	1.0	1008	$1,450	$1.44	16d	1	1.30mi

Listing history 20 events

1. 2026-06-18
   days on market $99,900 Active 91 DOM
2. 2026-06-17
   days on market $99,900 Active 90 DOM
3. 2026-06-16
   days on market $99,900 Active 89 DOM
4. 2026-06-15
   days on market $99,900 Active 88 DOM
5. 2026-06-13
   days on market $99,900 Active 86 DOM
6. 2026-06-13
   days on market $99,900 Active 85 DOM
7. 2026-06-09
   days on market $99,900 Active 82 DOM
8. 2026-06-08
   days on market $99,900 Active 81 DOM
9. 2026-06-07
   days on market $99,900 Active 80 DOM
10. 2026-06-05
    days on market $99,900 Active 77 DOM
11. 2026-06-03
    days on market $99,900 Active 76 DOM
12. 2026-06-01
    days on market $99,900 Active 75 DOM
13. 2026-05-31
    days on market $99,900 Active 74 DOM
14. 2026-03-18
    listed $99,900 Active 761-char remark

    Show marketing remark (761 chars)

    Opportunity awaits with this 3 bedroom, 1 bathroom home full of potential. The property features hardwood floors, a full basement offering additional storage or future finishing possibilities, and a one-car garage. With the right updates and improvements, this home could be a great investment or renovation project. The property is being sold as-is. The seller will make no repairs and utilities will not be turned on for inspections or showings. Buyers should perform any due diligence prior to submitting an offer. Great opportunity for investors, rehabbers, or buyers looking to add value. Bring your ideas and vision to make this property shine again. please email offers only *no text offers please* Offers must include Sellers Addendum see documents.

15. 2020-01-31
    soldstatus $1,436,500
16. 2014-01-24
    soldstatus 505-char remark

    Show marketing remark (505 chars)

    Don't miss this 3 bedroom 1 bathroom home with over 1000 square feet!! Home features spacious updated kitchen with separate dining area, hardwood floors, 1 car garage, partially finished lower level, and large level lot! This home is waiting for your finishing touches!! HUD acquired property. All purchasers welcome to bid. Open to all purchasers without preference after bid deadline. Property being sold as is. All utilities are turned OFF. Please use discretion when showing and bring a flashlight.

17. 2013-12-07
    listed $23,000 505-char remark

    Show marketing remark (505 chars)

    Don't miss this 3 bedroom 1 bathroom home with over 1000 square feet!! Home features spacious updated kitchen with separate dining area, hardwood floors, 1 car garage, partially finished lower level, and large level lot! This home is waiting for your finishing touches!! HUD acquired property. All purchasers welcome to bid. Open to all purchasers without preference after bid deadline. Property being sold as is. All utilities are turned OFF. Please use discretion when showing and bring a flashlight.

18. 2005-08-05
    soldstatus $72,000
19. 2003-08-28
    soldstatus $88,500
20. 1993-04-06
    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: $1,724 · $144/mo
• Projected year-2 tax: $1,724 · $144/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 5/10 Major 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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,537
• − Mortgage interest: −$5,596
• − Property taxes: −$1,724
• − Insurance: −$500
• − Repairs & maintenance: −$1,323
• − Management: −$1,323
• − Depreciation: −$2,906
• Taxable income: $3,166
• Est. tax owed @ 24.0%: −$760
• After-tax cash flow: $3,795/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: Riverview Gardens
• NCES district ID: 2926670
• Math proficiency: 2% ▼ -6.00%
• Reading proficiency: 9% ▼ -6.00%
• Median HH income: $32,759
• Composite: 4.22/100
• National rank: #10058
• State rank: #324 of 324 in MO

Livability — Dellwood

• Score: 66/100
• State rank: #239
• US rank: #11618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dellwood, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 40,929
• Household income: $41,154
• Rent vs Own: 53.1% rent · 46.9% own
• Severe rent burden: 3085.0

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: Predominantly Black (90%)
• Race & ethnicity: Black 90% White 5% Two or more races 3%
• Foreign-born: 1% · Canada

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: ▲ 3.79%
• Current HPI: 420.28
• Rent YoY: ▲ 4.97%
• 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

+12.9% since first listed

7 events — show timeline

• 2026-03-18 Listed $99,900 MARIS as Distributed by MLS Grid
• 2020-01-31 Sold (Public Records) $1,436,500 Public Records
• 2014-01-24 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2013-12-07 Listed $23,000 MARIS as Distributed by MLS Grid
• 2005-08-05 Sold (Public Records) $72,000 Public Records
• 2003-08-28 Sold (Public Records) $88,500 Public Records
• 1993-04-06 Sold (Public Records) — Public Records

Property tax history

+6.5%/yr

Latest (2022): $1,724 · +0.4% YoY. Source: county tax records.