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1027 W Division St
B+ Composite 76.89
Why this score? — see what drove the B+ 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 +8.5/10.0
  • Schools +3.8/10.0
  • Livability +3.8/5.0
  • Rent growth +3.6/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$95,000

1027 W Division St · Springfield, MO 65803
2 bd · 1.0 ba · 1,618 sqft · SingleFamily public records · 69 Days on market
Built 1909 Fair condition 8,276 sqft lot $59/sqft · 40% below area Est $158k · 40% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great investment property in the HEART of Springfield! Minutes from Cox North, Drury, and C-Street! This is one of Springfield's gems, constructed in 1909 with great bones. The 2/1 comes with great lighting from the abundance of over sized windows and a great living area. Come check out the investors dream home and have fun with all the possibilities!!

Key facts

  • Near downtown
  • Shopping
  • Local amenities

Tags

MIDTOWN AREANEAR DOWNTOWNSHOPPINGDININGLOCAL AMENITIES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $95k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $419 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $95k).
  • Recommended offer: $89k (6.0% below list) — sets the bar for market timing.
  • Cap rate 11.6% vs local median 4.5% in Springfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 75/100 on livability (#57 in MO, #4,121 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment F.
  • Springfield R-XII (urban): math 32% / reading 46% proficiency, ranked #174 of 324 in MO (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Weaver Elem. (math 27% / reading 47%, grade F, #611 of 1,115 statewide, top 59%, 224 students, 91% FRL); Pipkin Middle (math 20% / reading 29%, grade F, #324 of 391 statewide, top 83%, 340 students, 82% FRL); Central High (math 42% / reading 62%, grade D+, #92 of 521 statewide, top 20%, 1,464 students, 51% FRL) — zoned schools average 75% FRL vs 46% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+4.2%/yr); 506 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,302 units permitted in Greene County in 2024 (250 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Greene County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 4.2% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 69 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 5y ago; this cycle's ask is 12% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: built in 1909 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

  1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1909 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.35%
Cap rate
11.58%
Cash-on-cash
18.89%
DSCR
1.84
GRM
6.2

CMA / ARV

ARV (median comp)
$157,710
List price
$95,000
Delta
-39.76%
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
1220 N Grant Ave 0.45mi 3/2.0 (+1) 1,605 (-1%) 4mo $148,000 $92 66
606 W Locust St 0.38mi 2/2.0 1,713 (+6%) 12mo $150,000 $88 59
723 W Webster St 0.43mi 3/1.0 (+1) 1,751 (+8%) 3mo $160,000 $91 58
2020 N Douglas Ave 0.59mi 3/2.0 (+1) 1,680 (+4%) 0mo $150,000 $89 57
1156 W Lynn St 0.24mi 3/1.0 (+1) 1,383 (-14%) 12mo $170,000 $123 50
1871 N Douglas Ave 0.42mi 3/2.0 (+1) 1,738 (+7%) 12mo $219,500 $126 49
2131 N Johnston Ave 0.69mi 3/2.0 (+1) 1,470 (-9%) 4mo $135,000 $92 41
1311 W Florida St 0.41mi 3/2.0 (+1) 1,400 (-14%) 14mo $95,000 $68 37
1885 N Lyon Ave 0.59mi 3/2.0 (+1) 1,791 (+11%) 11mo $115,000 $64 37
1626 W Lee St 0.73mi 3/2.0 (+1) 1,405 (-13%) 1mo $230,000 $164 34
1627 W Atlantic St 0.70mi 3/2.0 (+1) 1,468 (-9%) 14mo $145,000 $99 31
1626 W Lee St 0.73mi 3/2.0 (+1) 1,405 (-13%) 14mo $225,000 $160 24

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 · 4.24% rent growth · sell at horizon

5-year hold
IRR
12.0%
Equity multiple
1.48×
Total profit
$12,887
Equity at exit
$14,165
10-year hold
IRR
21.9%
Equity multiple
2.97×
Total profit
$52,341
Equity at exit
$8,214

Cash invested: $26,600 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
25 active · 14 under contract
Months of supply
6.0 mo (17%/mo absorbed)
Median asking
$150,000 ($99/sqft)
Median days on market
58 d
This list price
8% of active listings are priced below it
ARV vs active asking
-1.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 65803

Home prices YoY
-29.8%
Rents YoY
4.2%
Active inventory
506
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$1,287 high interval (Pro) →
Mortgage (P&I)
$498
Tax from tax record
$60 /mo · $722/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$270
Net cashflow
$419

Break-even live

Break-even rent $757
Max offer price $95,000
Occupancy floor 62%

Sensitivity live

Price -10% $473 -5% $446 +0% $419 +5% $392 +10% $365
Rent -10% $317 -5% $368 +0% $419 +5% $470 +10% $520
Rate -1.0pp $467 -0.5pp $443 base $419 +0.5pp $394 +1.0pp $369

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
$23,750
Closing costs
$2,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
616 W Webster St Springfield, MO 2.0 1.5 1178 $1,050 $0.89 62d 1 0.53mi
1530 N Robberson Ave Springfield, MO 3.0 2.0 1122 $1,425 $1.27 93d 1 0.76mi
2230 N Campbell Ave Springfield, MO 2.0 1.0 1084 $1,095 $1.01 93d 1 1.03mi
235 N Market Ave Springfield, MO 1.0–4.0 1.0–2.0 1350 $1,267 $0.94 62d 4 1.22mi
235 N Market Ave Springfield, MO 1.0–4.0 1.0–2.0 1350 $1,267 $0.94 72d 5 1.22mi
520 W Olive St Springfield, MO 3.0 2.0 1445 $1,538 $1.06 62d 5 1.23mi
518 W College St Unit UBL 106 Springfield, MO 2.0 2.0 1200 $1,375 $1.15 93d 1 1.27mi
1127 W Talmage St Springfield, MO 3.0 2.0 1160 $1,650 $1.42 93d 1 1.30mi
138 Park Central Sq Springfield, MO 1.0–2.0 1.0–2.0 1083 $2,489 $2.30 62d 8 1.30mi
211 S Market Ave Springfield, MO 2.0–4.0 1.0–2.0 1442 $1,425 $0.99 72d 5 1.30mi
211 S Market Ave Springfield, MO 2.0–4.0 1.0–2.0 1442 $1,425 $0.99 70d 5 1.30mi
623 W Walnut St Springfield, MO 2.0 2.0 1180 $1,300 $1.10 93d 1 1.32mi
535 W Walnut St Springfield, MO 2.0 2.0 1096 $1,495 $1.36 93d 1 1.33mi
710 W Walnut St Springfield, MO 3.0 2.0 1350 $1,695 $1.26 93d 1 1.34mi
1442 N Texas Ave Springfield, MO 3.0 2.0 1626 $1,400 $0.86 93d 1 1.37mi
1306 N Frisco Ave Apt A Springfield, MO 2.0 1.5–2.0 970 $995 $1.03 62d 19 1.44mi
539 S Fort Ave Springfield, MO 2.0 1.0 1500 $1,025 $0.68 62d 1 1.50mi

Property features AI

Finance

Other
Square footage: 1,618 above grade
Financial info
Tax information available
HOA & community
HOA details not specified

Exterior

Parking
Parking details not specified
Security
Security details not specified
Utilities
Public waterPublic sewer
Home design
Single-family residenceOne story
Construction
Construction details not specified
Exterior features
Lot approximately 0.19 acresSubdivision: Greene-Not in ListDirections: From Boonville and Division, head west on Division. House will be on the right (north) side of road.

Interior

Kitchen
Kitchen details not specified
Bedrooms
Bedrooms not specified
Flooring
Flooring details not specified
Bathrooms
1 full bathroom
Heating & cooling
Has heatingOther heating typeNo cooling
Interior features
One-level living
Laundry & utility
Laundry and utility details not specified

Listing history 48 events

  1. 2026-07-22
    days on market $95,000 Active 69 DOM
  2. 2026-07-21
    days on market $95,000 Active 68 DOM
  3. 2026-07-18
    days on market $95,000 Active 65 DOM
  4. 2026-07-16
    days on market $95,000 Active 63 DOM
  5. 2026-07-16
    days on market $95,000 Active 62 DOM
  6. 2026-07-14
    days on market $95,000 Active 61 DOM
  7. 2026-07-13
    days on market $95,000 Active 60 DOM
  8. 2026-07-12
    days on market $95,000 Active 59 DOM
  9. 2026-07-11
    days on market $95,000 Active 58 DOM
  10. 2026-07-10
    days on market $95,000 Active 57 DOM
  11. 2026-07-09
    days on market $95,000 Active 56 DOM
  12. 2026-07-08
    days on market $95,000 Active 55 DOM
  13. 2026-07-07
    days on market $95,000 Active 54 DOM
  14. 2026-07-06
    days on market $95,000 Active 53 DOM
  15. 2026-07-05
    days on market $95,000 Active 52 DOM
  16. 2026-07-04
    days on market $95,000 Active 51 DOM
  17. 2026-07-03
    days on market $95,000 Active 50 DOM
  18. 2026-07-02
    days on market $95,000 Active 49 DOM
  19. 2026-07-01
    days on market $95,000 Active 48 DOM
  20. 2026-06-30
    days on market $95,000 Active 47 DOM
  21. 2026-06-29
    days on market $95,000 Active 46 DOM
  22. 2026-06-28
    days on market $95,000 Active 45 DOM
  23. 2026-06-28
    days on market $95,000 Active 44 DOM
  24. 2026-06-27
    days on market $95,000 Active 43 DOM
  25. 2026-06-25
    days on market $95,000 Active 41 DOM
  26. 2026-06-23
    days on market $95,000 Active 39 DOM
  27. 2026-06-22
    days on market $95,000 Active 38 DOM
  28. 2026-06-18
    days on market $95,000 Active 35 DOM
  29. 2026-06-17
    days on market $95,000 Active 34 DOM
  30. 2026-06-16
    days on market $95,000 Active 33 DOM
  31. 2026-06-15
    days on market $95,000 Active 32 DOM
  32. 2026-06-14
    days on market $95,000 Active 30 DOM
  33. 2026-06-10
    days on market $95,000 Active 27 DOM
  34. 2026-06-09
    days on market $95,000 Active 26 DOM
  35. 2026-06-08
    days on market $95,000 Active 25 DOM
  36. 2026-06-07
    days on market $95,000 Active 24 DOM
  37. 2026-06-03
    days on market $95,000 Active 20 DOM
  38. 2026-06-02
    days on market $95,000 Active 19 DOM
  39. 2026-06-01
    days on market $95,000 Active 18 DOM
  40. 2026-05-31
    days on market $95,000 Active 17 DOM
  41. 2026-05-30
    days on market $95,000 Active 16 DOM
  42. 2026-05-14
    listed $85,000 Active 343-char remark
  43. 2025-12-10
    listed $74,500 Active
  44. 2021-03-10
    soldstatus
  45. 2021-03-08
    soldstatus
    Show marketing remark (354 chars)

    Great investment property in the HEART of Springfield! Minutes from Cox North, Drury, and C-Street! This is one of Springfield's gems, constructed in 1909 with great bones. The 2/1 comes with great lighting from the abundance of over sized windows and a great living area. Come check out the investors dream home and have fun with all the possibilities!!

  46. 2021-02-10
    listed $45,000
    Show marketing remark (354 chars)

    Great investment property in the HEART of Springfield! Minutes from Cox North, Drury, and C-Street! This is one of Springfield's gems, constructed in 1909 with great bones. The 2/1 comes with great lighting from the abundance of over sized windows and a great living area. Come check out the investors dream home and have fun with all the possibilities!!

  47. 2021-02-09
    soldstatus
  48. 2016-12-20
    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
$722 · $60/mo
Projected year-2 tax
$922 · $77/mo
Expected delta
+$199/yr (+$17/mo · 27.6%)

ⓘ 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 ≥104°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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,444
− Mortgage interest
−$5,321
− Property taxes
−$722
− Insurance
−$475
− Repairs & maintenance
−$1,236
− Management
−$1,236
− Depreciation
−$2,764
Taxable income
$3,691
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$886
After-tax cash flow
$4,140/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.

Condition & rehab AI · 2 photos

Fair 45/100 Moderate rehab Est. rehab $40,450–$72,810 screening

This 2-bedroom, 1-bathroom home in Springfield's Midtown area requires moderate repairs and maintenance to improve its condition and value.

Components & finishes AI

Roof asphalt shingle · good

Deferred maintenance Est. $30,500–$92,000 screening

  • Minor Roof (roof) — No visible signs of damage or wear on the roof.
  • Major Windows (windows) — Windows appear to be old and possibly in need of replacement.
  • Major Electrical (electrical) — The electrical panel is not visible, but the house appears old, suggesting potential issues.
  • Major Plumbing (plumbing) — No visible signs of plumbing issues, but the house is old, indicating potential problems.

Repairs flagged

  • Major paint — Peeling paint on exterior
  • Major siding — Worn siding
  • Major landscaping — Overgrown landscaping

Value-add opportunities

  • Both paint exterior — Fresh paint enhances curb appeal and value
  • Both repair siding — New siding improves appearance and durability
  • Both landscaping — Well-maintained landscaping boosts curb appeal and value

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Weaver Elem. F MO #611/1,115 Nat'l #21,438/41,679 Middle Pipkin Middle F MO #324/391 Nat'l #10,474/14,009 High Central High D+ MO #92/521 Nat'l #5,016/17,239

Schools (NCES district)

District
Springfield R-XII
NCES district ID
2928860
Math proficiency
32% ▼ -2.00%
Reading proficiency
46% ▼ -3.00%
Median HH income
$37,886
Composite
32.45/100
National rank
#5717
State rank
#174 of 324 in MO
B Composite livability gradescore 75/100

Livability — Springfield

Score
75/100
State rank
#57
US rank
#4121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Springfield, MO
County
Greene County · 319,054 people
City population
223,044
Metro
Springfield, MO
Population (ZIP)
42,882
Household income
$50,572
Rent vs Own
45.0% rent · 55.0% own
Severe rent burden
11% of renters

Population outlook (Greene County) Hauer SSP2

Today (2025)
319,054 people
By 2030
335,135 · +5.0%
By 2040
366,186 · +14.8%
By 2050
397,431 · +24.6%
By 2075
477,035 · +49.5%
By 2100
520,828 · +63.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Two or more races 9% Hispanic / Latino 6% Black 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Lithuanian 2% Italian 2% Iranian 2%
Foreign-born
3% · Canada
Languages at home
95% English-only · Spanish 3%

Political lean MEDSL · Greene

2024 margin
Strong R (+20.8) · D 38.9% · R 59.7% · Other 1.4%
2008→2024 swing
-5.0pp toward R · 2008: -15.8pp · 2024: -20.8pp
All cycles
2024: R+20.8 2020: R+20.1 2016: R+27.4 2012: R+24.4 2008: R+15.8

Not yet ingested

Civics

Price history

+111.1% since first listed
8 events — show timeline
  • 2026-05-22 Price Changed $95,000 SOMO
  • 2026-05-14 Listed $85,000 SOMO
  • 2025-12-10 Listed $74,500 SOMO
  • 2021-03-10 Sold (Public Records) Public Records
  • 2021-03-08 Sold (MLS) SOMO
  • 2021-02-10 Listed $45,000 SOMO
  • 2021-02-09 Sold (Public Records) Public Records
  • 2016-12-20 Sold (Public Records) Public Records

Property tax history

+3.0%/yr

Latest (2025): $722 · +19.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…