1400 W Catalpa St · Springfield, MO 65807

$79,900

2 bd · 1.0 ba · 732 sqft · SingleFamily public records · 114 Days on market

Built 1957 Fair condition 7,841 sqft lot Garage $109/sqft · 32% below area Est $117k · 32% under

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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 +7.6/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.2/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Great area near Fastnight farms. Easy access to Kansas expressway.

Key facts

• 7,841 sq ft lot
• Garage
• Built 1957

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.9% 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: Sherwood Elem. (math 31% / reading 48%, grade F, #537 of 1,115 statewide, top 53%, 462 students, 62% FRL); Jarrett Middle (math 19% / reading 40%, grade F, #291 of 391 statewide, top 76%, 445 students, 70% FRL); Parkview High (math 11% / reading 40%, grade F, #433 of 521 statewide, top 83%, 1,234 students, 62% FRL) — zoned schools average 65% FRL vs 46% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.6%/yr); 345 active listings in the ZIP; 20 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k 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 + 2.6% rent growth), your $22k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 114 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,709 (9.0% below list)

Questions for the listing agent

1. It's been on market 114 days. Have you received any prior offers? Is the seller open to a 9% 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 1957 — 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: 1.26% ✓
• Cap rate: 10.90%
• Cash-on-cash: 16.44%
• DSCR: 1.73
• GRM: 6.6

CMA / ARV

• ARV (median comp): $117,408
• List price: $79,900
• Delta: -31.95%
• 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
1121 S Fort Ave	0.11mi	2/1.0	741 (+1%)	6mo	$67,000	$90	88
905 S Newton Ave	0.38mi	2/1.0	728 (-0%)	0mo	$150,000	$206	81
1055 S New Ave	0.28mi	2/1.0	724 (-1%)	6mo	$149,900	$207	80
1012 S Fort Ave	0.27mi	2/1.0	768 (+5%)	2mo	$105,000	$137	77
1241 S Ferguson Ave	0.17mi	2/1.0	672 (-8%)	2mo	$70,000	$104	77
719 S Newton Ave	0.61mi	2/1.0	720 (-2%)	1mo	$79,000	$110	68
1310 W State St	0.64mi	2/1.0	728 (-0%)	5mo	$114,900	$158	65
852 S New Ave	0.48mi	2/1.0	672 (-8%)	2mo	$89,000	$132	62
942 S Nettleton Ave	0.31mi	2/2.0	816 (+12%)	2mo	$122,900	$151	60
1530 W Lombard St	0.40mi	2/1.0	840 (+15%)	3mo	$145,000	$173	54
1710 W Belmont St	0.41mi	2/1.0	624 (-15%)	3mo	$105,000	$168	54
1017 W Madison St	0.62mi	2/1.0	816 (+12%)	1mo	$125,900	$154	51

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 · 2.6% rent growth · sell at horizon

5-year hold

• IRR: 7.1%
• Equity multiple: 1.27×
• Total profit: $6,150
• Equity at exit: $11,913

10-year hold

• IRR: 16.0%
• Equity multiple: 2.29×
• Total profit: $28,757
• Equity at exit: $6,908

Cash invested: $22,372 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 17 active · 13 under contract
• Months of supply: 5.7 mo (18%/mo absorbed)
• Median asking: $100,000 ($120/sqft)
• Median days on market: 57 d
• This list price: 24% of active listings are priced below it
• ARV vs active asking: +33.2% above current asking $/sqft

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

ZIP-level market 65807

• Rents YoY: 2.6%
• Active inventory: 345
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,008 high
• Mortgage (P&I): −$419
• Tax from tax record: −$37 /mo · $450/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$212
• Net cashflow: $307

Break-even live

Break-even rent $620

Max offer price $79,900

Occupancy floor 65%

Sensitivity live

Price	-10% $352	-5% $329	+0% $307	+5% $284	+10% $261
Rent	-10% $227	-5% $267	+0% $307	+5% $346	+10% $386
Rate	-1.0pp $347	-0.5pp $327	base $307	+0.5pp $286	+1.0pp $265

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: $19,975
• Closing costs: $2,397
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
810 W Catalpa St Apt 316 Springfield, MO	1.0	1.0	581	$551	$0.95	72d	1	0.39mi
1634 S Marion Ave Springfield, MO	3.0	1.0–2.0	845	$1,404	$1.66	63d	23	0.73mi
1017 W Washita St Unit 2 Springfield, MO	1.0	1.0	585	$825	$1.41	63d	1	0.85mi
901 South Ave Springfield, MO	2.0–3.0	1.0–2.0	695	$825	$1.19	93d	1	1.00mi
1911 W Elm St Springfield, MO	2.0	1.0	580	$875	$1.51	93d	1	1.03mi
806 South Ave Springfield, MO	1.0	1.0	670	$1,085	$1.62	63d	3	1.09mi
755 South Ave Unit 2 Springfield, MO	1.0	1.0	600	$850	$1.42	72d	1	1.09mi
301 W State St Unit D Springfield, MO	1.0	1.0	570	$875	$1.54	72d	1	1.13mi
1740 W Olive St Springfield, MO	3.0	1.0	736	$1,195	$1.62	63d	1	1.18mi
745 S Jefferson Ave Unit 1 Springfield, MO	1.0	1.0	410	$795	$1.94	72d	1	1.19mi
745 S Jefferson Ave Unit 6 Springfield, MO	1.0	1.0	500	$850	$1.70	93d	1	1.19mi
733 W College St Springfield, MO	1.0	1.0	700	$750	$1.07	63d	1	1.21mi
305 S Campbell Ave Unit 208 Springfield, MO	1.0	1.0	649	$975	$1.50	63d	1	1.34mi
235 N Market Ave Springfield, MO	1.0–4.0	1.0–2.0	1350	$1,267	$0.94	63d	4	1.39mi
235 N Market Ave Springfield, MO	1.0–4.0	1.0–2.0	1350	$1,267	$0.94	72d	5	1.39mi
209 W McDaniel St Unit 209-207 Springfield, MO	1.0	1.0	700	$950	$1.36	93d	1	1.42mi
520 S Scenic Ave Unit 101-A Springfield, MO	1.0	1.0	550	$650	$1.18	93d	1	1.44mi
511 E Cherry St Unit 8 Springfield, MO	1.0	1.0	500	$775	$1.55	63d	1	1.45mi
511 E Cherry St Unit 2 Springfield, MO	1.0	1.0	700	$850	$1.21	93d	1	1.45mi
138 Park Central Sq Springfield, MO	1.0–2.0	1.0–2.0	1083	$2,489	$2.30	63d	8	1.47mi

Property features AI

Exterior

• Parking: One-car garage
• Utilities: Public waterPublic sewer
• Home design: Single-family residenceOne story
• Construction: Fiberglass roof732 above-grade finished square feet
• Exterior features: Asphalt road frontage on a city streetNo fencingLot dimensions approximately 50 x 150 (0.18 acre)

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Natural gas forced-air heatingNo central cooling
• Interior features: Main-level laundry
• Laundry & utility: Laundry located on the main level

Listing history 49 events

1. 2026-07-31
   days on market $79,900 Active 114 DOM
2. 2026-07-30
   days on market $79,900 Active 113 DOM
3. 2026-07-29
   days on market $79,900 Active 112 DOM
4. 2026-07-27
   days on market $79,900 Active 110 DOM
5. 2026-07-25
   days on market $79,900 Active 108 DOM
6. 2026-07-24
   days on market $79,900 Active 107 DOM
7. 2026-07-23
   days on market $79,900 Active 106 DOM
8. 2026-07-22
   days on market $79,900 Active 105 DOM
9. 2026-07-21
   days on market $79,900 Active 104 DOM
10. 2026-07-18
    days on market $79,900 Active 101 DOM
11. 2026-07-16
    days on market $79,900 Active 99 DOM
12. 2026-07-16
    days on market $79,900 Active 98 DOM
13. 2026-07-14
    days on market $79,900 Active 97 DOM
14. 2026-07-13
    days on market $79,900 Active 96 DOM
15. 2026-07-12
    days on market $79,900 Active 95 DOM
16. 2026-07-11
    days on market $79,900 Active 94 DOM
17. 2026-07-10
    days on market $79,900 Active 93 DOM
18. 2026-07-09
    days on market $79,900 Active 92 DOM
19. 2026-07-08
    days on market $79,900 Active 91 DOM
20. 2026-07-07
    days on market $79,900 Active 90 DOM
21. 2026-07-06
    days on market $79,900 Active 89 DOM
22. 2026-07-05
    days on market $79,900 Active 88 DOM
23. 2026-07-04
    days on market $79,900 Active 87 DOM
24. 2026-07-03
    days on market $79,900 Active 86 DOM
25. 2026-07-02
    days on market $79,900 Active 85 DOM
26. 2026-07-01
    days on market $79,900 Active 84 DOM
27. 2026-06-30
    days on market $79,900 Active 83 DOM
28. 2026-06-29
    days on market $79,900 Active 82 DOM
29. 2026-06-28
    days on market $79,900 Active 81 DOM
30. 2026-06-28
    days on market $79,900 Active 80 DOM
31. 2026-06-27
    days on market $79,900 Active 79 DOM
32. 2026-06-25
    days on market $79,900 Active 77 DOM
33. 2026-06-23
    days on market $79,900 Active 75 DOM
34. 2026-06-22
    days on market $79,900 Active 74 DOM
35. 2026-06-18
    days on market $79,900 Active 71 DOM
36. 2026-06-17
    days on market $79,900 Active 70 DOM
37. 2026-06-16
    days on market $79,900 Active 69 DOM
38. 2026-06-15
    days on market $79,900 Active 68 DOM
39. 2026-06-14
    days on market $79,900 Active 66 DOM
40. 2026-06-10
    days on market $79,900 Active 63 DOM
41. 2026-06-09
    days on market $79,900 Active 62 DOM
42. 2026-06-08
    days on market $79,900 Active 61 DOM
43. 2026-06-07
    days on market $79,900 Active 60 DOM
44. 2026-06-03
    days on market $79,900 Active 56 DOM
45. 2026-06-02
    days on market $79,900 Active 55 DOM
46. 2026-06-01
    days on market $79,900 Active 54 DOM
47. 2026-05-31
    days on market $79,900 Active 53 DOM
48. 2026-05-30
    days on market $79,900 Active 52 DOM
49. 2026-04-09
    listed $79,900 Active 90-char remark

ⓘ 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: $450 · $37/mo
• Projected year-2 tax: $775 · $65/mo
• Expected delta: +$325/yr (+$27/mo · 72.3%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 6 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,096
• − Mortgage interest: −$4,476
• − Property taxes: −$450
• − Insurance: −$400
• − Repairs & maintenance: −$968
• − Management: −$968
• − Depreciation: −$2,324
• Taxable income: $2,511
• Est. tax owed @ 24.0%: −$603
• After-tax cash flow: $3,076/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 · 8 photos

Fair 45/100 Moderate rehab Est. rehab $18,300–$32,940 screening

This home requires significant repairs and maintenance, including painting the exterior, repairing the foundation, replacing windows, and repairing the bathroom. These updates will improve the home's curb appeal and increase its value.

Components & finishes AI

Roof asphalt shingle Flooring carpet

Deferred maintenance Est. $30,000–$90,000 screening

• Major Roof (roof) — Significant damage and missing shingles
• Major Windows (windows) — Broken and missing windows
• Major Exterior (exterior) — Significant damage and missing siding

Repairs flagged

• Major exterior siding — The siding is peeling and in need of replacement.
• Major foundation — The foundation shows signs of water damage and uneven settling, indicating potential structural issues.
• Major windows — The windows appear to be in poor condition, with some showing signs of damage and others appearing to be in need of replacement.
• Major bathroom — The bathroom appears to be in poor condition, with the toilet and sink in need of repair and the walls showing signs of water damage.

Value-add opportunities

• Both paint exterior — Painting the exterior will improve the curb appeal and increase the home's value. ↑
• Both repair foundation — Repairing the foundation will address potential structural issues and improve the home's value. ↑
• Both replace windows — Replacing the windows will improve the home's energy efficiency and increase its value. ↑
• Both repair bathroom — Repairing the bathroom will improve the home's functionality and increase its 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 32/100

Zoned Schools

Elementary Sherwood Elem. F MO #537/1,115 Nat'l #19,648/41,679 Middle Jarrett Middle F MO #291/391 Nat'l #9,020/14,009 High Parkview High F MO #433/521 Nat'l #12,309/17,239

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): 56,659
• Household income: $53,870
• Rent vs Own: 55.5% rent · 44.5% own
• Severe rent burden: 12% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 8% Hispanic / Latino 7% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Italian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 2% Other Asian/Pacific 1% Arabic 1%

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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: —

Market trends

• HPI YoY: ▼ -205.97%
• Current HPI: 210.4358
• Rent YoY: ▲ 2.60%
• Metro: Springfield, MO
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

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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

Property features AI

Exterior

• Parking: One-car garage
• Utilities: Public waterPublic sewer
• Home design: Single-family residenceOne story
• Construction: Fiberglass roof732 above-grade finished square feet
• Exterior features: Asphalt road frontage on a city streetNo fencingLot dimensions approximately 50 x 150 (0.18 acre)

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Natural gas forced-air heatingNo central cooling
• Interior features: Main-level laundry
• Laundry & utility: Laundry located on the main level

Price history

1 event — show timeline

• 2026-04-09 Listed $79,900 SOMO

Property tax history

+2.7%/yr

Latest (2025): $450 · +22.9% YoY. Source: county tax records.