223 Cardinal Ln · Tipton, MO 65081

$75,240

3 bd · 1.0 ba · 1,102 sqft · Other public records · 91 Days on market

Built 1970 0.29 ac lot ↓ 10% since listing

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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 +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Special! Unlock the potential of this home featuring 3 bedrooms and 1 bathroom with a versatile layout ready for transformation. The bright, spacious interior and generous lot size provide endless possibilities for updates or expansion. The exterior includes a carport, additional storage, and a spacious backyard. Seize this opportunity conveniently located in a desirable neighborhood. Buyer to verify all information. Being sold As Is. No repairs, inspections, or warranties will be provided. No disclosures available. To submit offers/bids or view additional details, please visit www.mynextbid.com. All offers/bids will be subject to Seller Approval (minimums may apply).

Key facts

• Versatile layout
• Spacious backyard
• Carport

Tags

• VERSATILE LAYOUT
• SPACIOUS INTERIOR
• GENEROUS LOT SIZE
• CARPORT
• ADDITIONAL STORAGE
• SPACIOUS BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $75k.

Deal economics

• At list price, monthly cash flow is $185 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($857 rent vs $75k).
• Recommended offer: $68k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#421 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Tipton R-VI (town): math 21% / reading 37% proficiency, ranked #277 of 324 in MO (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 15 active listings in the ZIP; 3 units permitted in Moniteau County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $520 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.

Recommended offer $68,468 (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 1970 — 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. 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.
7. 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.
8. 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: 1.14% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.56%
• DSCR: 1.47
• GRM: 7.3

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: -0.5%
• Equity multiple: 0.98×
• Total profit: $-387
• Equity at exit: $11,219

10-year hold

• IRR: 9.2%
• Equity multiple: 1.70×
• Total profit: $14,851
• Equity at exit: $6,505

Cash invested: $21,067 (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 65081

• Home prices YoY: -20.4%
• Active inventory: 15
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $857 medium
• Mortgage (P&I): −$395
• Tax from tax record: −$65 /mo · $784/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$180
• Net cashflow: $185

Break-even live

Break-even rent $622

Max offer price $75,240

Occupancy floor 73%

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: $18,810
• Closing costs: $2,257
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-05-12
   status Pending 686-char remark

   Show marketing remark (686 chars)

   Investor Special! Unlock the potential of this home featuring 3 bedrooms and 1 bathroom with a versatile layout ready for transformation. The bright, spacious interior and generous lot size provide endless possibilities for updates or expansion. The exterior includes a carport, additional storage, and a spacious backyard. Seize this opportunity conveniently located in a desirable neighborhood. Buyer to verify all information. Being sold As Is. No repairs, inspections, or warranties will be provided. No disclosures available. To submit offers/bids or view additional details, please visit www.mynextbid.com. All offers/bids will be subject to Seller Approval (minimums may apply).

2. 2026-04-22
   price $75,240 686-char remark

   Show marketing remark (686 chars)

   Investor Special! Unlock the potential of this home featuring 3 bedrooms and 1 bathroom with a versatile layout ready for transformation. The bright, spacious interior and generous lot size provide endless possibilities for updates or expansion. The exterior includes a carport, additional storage, and a spacious backyard. Seize this opportunity conveniently located in a desirable neighborhood. Buyer to verify all information. Being sold As Is. No repairs, inspections, or warranties will be provided. No disclosures available. To submit offers/bids or view additional details, please visit www.mynextbid.com. All offers/bids will be subject to Seller Approval (minimums may apply).

3. 2026-03-13
   price $79,420 686-char remark

   Show marketing remark (686 chars)

   Investor Special! Unlock the potential of this home featuring 3 bedrooms and 1 bathroom with a versatile layout ready for transformation. The bright, spacious interior and generous lot size provide endless possibilities for updates or expansion. The exterior includes a carport, additional storage, and a spacious backyard. Seize this opportunity conveniently located in a desirable neighborhood. Buyer to verify all information. Being sold As Is. No repairs, inspections, or warranties will be provided. No disclosures available. To submit offers/bids or view additional details, please visit www.mynextbid.com. All offers/bids will be subject to Seller Approval (minimums may apply).

4. 2026-02-09
   listed $83,600 Active 686-char remark

   Show marketing remark (686 chars)

   Investor Special! Unlock the potential of this home featuring 3 bedrooms and 1 bathroom with a versatile layout ready for transformation. The bright, spacious interior and generous lot size provide endless possibilities for updates or expansion. The exterior includes a carport, additional storage, and a spacious backyard. Seize this opportunity conveniently located in a desirable neighborhood. Buyer to verify all information. Being sold As Is. No repairs, inspections, or warranties will be provided. No disclosures available. To submit offers/bids or view additional details, please visit www.mynextbid.com. All offers/bids will be subject to Seller Approval (minimums may apply).

ⓘ 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: $784 · $65/mo
• Projected year-2 tax: $784 · $65/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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,279
• − Mortgage interest: −$4,215
• − Property taxes: −$784
• − Insurance: −$376
• − Repairs & maintenance: −$822
• − Management: −$822
• − Depreciation: −$2,189
• Taxable income: $1,070
• Est. tax owed @ 24.0%: −$257
• After-tax cash flow: $1,968/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: Tipton R-VI
• NCES district ID: 2930330
• Math proficiency: 21% ▼ -10.00%
• Reading proficiency: 37% ▼ -4.00%
• Median HH income: $44,395
• Composite: 24.78/100
• National rank: #7599
• State rank: #277 of 324 in MO

Livability — Tipton

• Score: 61/100
• State rank: #421
• US rank: #17476

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tipton, MO
• Population (ZIP): 4,377

Population outlook (Moniteau County) Hauer SSP2

• Today (2025): 16,265 people
• By 2030: 16,309 · +0.3%
• By 2040: 16,437 · +1.1%
• By 2050: 16,475 · +1.3%
• By 2075: 15,956 · -1.9%
• By 2100: 14,142 · -13.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 7% Hispanic / Latino 2% Two or more races 1%
• Common ancestry: Serbian 3% Romanian 2% Slovak 2%
• Foreign-born: 1% · Canada

Political lean MEDSL · Moniteau

• 2024 margin: Solid R (+62.8) · D 18.1% · R 80.8% · Other 1.1%
• 2008→2024 swing: -27.0pp toward R · 2008: -35.8pp · 2024: -62.8pp
• All cycles: 2024: R+62.8 2020: R+62.0 2016: R+60.3 2012: R+48.0 2008: R+35.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.94%
• Current HPI: 186.7022
• 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

-10.0% since first listed

4 events — show timeline

• 2026-05-12 Pending — MARIS as Distributed by MLS Grid
• 2026-04-22 Price Changed $75,240 MARIS as Distributed by MLS Grid
• 2026-03-13 Price Changed $79,420 MARIS as Distributed by MLS Grid
• 2026-02-09 Listed $83,600 MARIS as Distributed by MLS Grid

Property tax history

+1.4%/yr

Latest (2025): $784 · +9.5% YoY. Source: county tax records.