3627 Ohio Ave · St. Louis, MO 63118

$129,900

4 bd · 1.0 ba · 820 sqft · SingleFamily public records · 13 Days on market

Built 1959 4,064 sqft lot

---

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
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• ARV discount +7.5/15.0
• Rent growth +3.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This delightful 2-bedroom, 1-bathroom home offers cozy living with 820 square feet of well-designed space. From the moment you step inside, the warmth and character of the hardwood floors will welcome you in and make you feel right at home. A standout feature of this home is the large basement, offering plentiful storage space and potential for a workshop, office or home gym. Outside, the nice backyard is an oasis for outdoor activities and gardening, with partial fencing providing a sense of privacy. You'll love the proximity to fun shops and restaurants near Cherokee Street, where you can enjoy unique dining experiences, local boutiques, and a lively arts scene. Don't miss the opportunity to make this stylish and conveniently located home your own. Schedule a showing today and discover the charm and potential of your future home! Agent Owned

Key facts

• Double closets
• Great stove
• Large fenced yard

Tags

• SINGLE-FAMILY RESIDENCE
• NEWER FRIDGE
• GREAT STOVE
• HARDWOOD FLOORS
• DOUBLE CLOSETS
• LARGE FENCED YARD

Property features AI

Finance

• Other: Living area and above-grade finished area recorded in public records; Neighborhood: Gravois Park
• Financial info: Lease not considered; Home warranty included

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Ameren electric; Cable available; Electricity connected; Natural gas available; Sewer connected
• Home design: Single family residence; Private ownership; One level; House structure type
• Construction: Brick construction; Architectural shingle roof; Year built (public records); Basement: 8 ft+ pour, concrete, daylight/lookout
• Exterior features: Front porch; Back yard; City lot; City street frontage

Interior

• Kitchen: Oven; Refrigerator
• Bedrooms: 4 bedrooms total (2 on the main level, 2 upper level)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Ceiling fan(s) for cooling
• Interior features: Ceiling fan(s); Pantry; Updated/remodeled condition
• Laundry & utility: Laundry in basement; Concrete perimeter foundation

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $531 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Cap rate 11.2% vs local median 5.0% in St. Louis — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• St. Louis City (urban): math 10% / reading 18% proficiency, ranked #312 of 324 in MO (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Meramec Elem. (math 2% / reading 8%, grade F, #1,072 of 1,115 statewide, top 98%, 202 students, 98% FRL); Roosevelt High (math 2% / reading 8%, grade F, #517 of 521 statewide, top 100%, 460 students, 99% FRL) — zoned schools average 99% FRL vs 80% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.9%/yr); 240 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).
• This rent runs 34% of the median local income ($58k/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 $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• St. Louis County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $36k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 2y 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.
• Current owner paid $71k; list at $130k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — 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 $129,900

Questions for the listing agent

1. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.27% ✓
• Cap rate: 11.20%
• Cash-on-cash: 17.52%
• DSCR: 1.78
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $79,540
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3342 Iowa Ave	0.34mi	3/1.0 (-1)	872 (+6%)	17mo	$84,900	$97	54
4031 Pennsylvania Ave	0.60mi	3/1.0 (-1)	850 (+4%)	10mo	$20,000	$24	53
3159 Pennsylvania Ave	0.72mi	3/2.0 (-1)	808 (-2%)	13mo	$149,900	$186	44

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 · 4.89% rent growth · sell at horizon

5-year hold

• IRR: 10.8%
• Equity multiple: 1.44×
• Total profit: $15,920
• Equity at exit: $19,369

10-year hold

• IRR: 21.2%
• Equity multiple: 2.95×
• Total profit: $70,863
• Equity at exit: $11,231

Cash invested: $36,372 (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 →

ZIP-level market 63118

• Rents YoY: 4.9%
• Active inventory: 240
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,653 high
• Mortgage (P&I): −$681
• Tax from tax record: −$40 /mo · $475/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $531

Break-even live

Break-even rent $981

Max offer price $129,900

Occupancy floor 63%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2641 Keokuk St Unit 1R St. Louis, MO	3.0	1.0	800	$1,295	$1.62	44d	1	0.29mi
3450 Wisconsin Ave Saint Louis, MO	1.0–3.0	1.0–2.0	1219	$2,300	$1.89	2d	15	0.48mi
3179 S Grand Blvd Saint Louis, MO	3.0	1.0	650	$1,585	$2.44	2d	3	1.07mi
4416 S Grand Blvd Saint Louis, MO	3.0	1.0	963	$1,550	$1.61	24d	1	1.20mi
2327 Texas Ave Unit 211 St. Louis, MO	3.0	2.0	1075	$1,945	$1.81	44d	1	1.26mi
4455 S 38th St Saint Louis, MO	3.0	1.0	1000	$1,000	$1.00	24d	1	1.38mi

Listing history 9 events

1. 2026-06-18
   days on market $129,900 Active 13 DOM
2. 2026-06-17
   days on market $129,900 Active 12 DOM
3. 2026-06-16
   days on market $129,900 Active 11 DOM
4. 2026-06-15
   days on market $129,900 Active 10 DOM
5. 2026-06-13
   days on market $129,900 Active 8 DOM
6. 2026-06-09
   days on market $129,900 Active 4 DOM
7. 2026-06-08
   days on market $129,900 Active 3 DOM
8. 2026-06-07
   remarks 505-char remark
9. 2026-06-07
   listed $129,900 Active 2 DOM

ⓘ 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: $475 · $40/mo
• Projected year-2 tax: $1,260 · $105/mo
• Expected delta: +$785/yr (+$65/mo · 165.3%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥108°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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,836
• − Mortgage interest: −$7,276
• − Property taxes: −$475
• − Insurance: −$650
• − Repairs & maintenance: −$1,587
• − Management: −$1,587
• − Depreciation: −$3,779
• Taxable income: $4,483
• Est. tax owed @ 24.0%: −$1,076
• After-tax cash flow: $5,296/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: St. Louis City
• NCES district ID: 2929280
• Math proficiency: 10% ▼ -6.00%
• Reading proficiency: 18% ▼ -3.00%
• Median HH income: $35,685
• Composite: 11.54/100
• National rank: #9699
• State rank: #312 of 324 in MO

Livability — St. Louis

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Louis, MO
• County: Saint Louis City · 254,015 people
• City population: 283,259
• Metro: St. Louis, MO-IL
• Population (ZIP): 25,913
• Household income: $57,762
• Rent vs Own: 56.1% rent · 43.9% own
• Severe rent burden: 1495.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 315,737 people
• By 2030: 313,865 · -0.6%
• By 2040: 305,439 · -3.3%
• By 2050: 296,529 · -6.1%
• By 2075: 271,028 · -14.2%
• By 2100: 255,359 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 44% Black 41% Two or more races 8% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 5% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · St. Louis

• 2024 margin: Solid D (+64.7) · D 81.4% · R 16.7% · Other 2.0%
• 2008→2024 swing: -3.5pp toward R · 2008: 68.2pp · 2024: 64.7pp
• All cycles: 2024: D+64.7 2020: D+66.2 2016: D+63.7 2012: D+66.6 2008: D+68.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -347.51%
• Current HPI: 171.5963
• Rent YoY: ▲ 4.89%
• 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

+147.4% since first listed

11 events — show timeline

• 2026-06-05 Listed $129,900 MARIS as Distributed by MLS Grid
• 2025-04-23 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2025-03-23 Pending — MARIS as Distributed by MLS Grid
• 2025-03-21 Listed $119,500 MARIS as Distributed by MLS Grid
• 2024-11-20 Delisted — MARIS as Distributed by MLS Grid
• 2024-09-07 Price Changed $114,900 MARIS as Distributed by MLS Grid
• 2024-08-01 Listed $149,900 MARIS as Distributed by MLS Grid
• 2008-10-15 Sold (Public Records) $71,000 Public Records
• 1992-04-08 Sold (Public Records) — Public Records
• 1990-06-25 Sold (Public Records) — Public Records
• 1989-04-18 Sold (Public Records) $52,500 Public Records

Property tax history

+1.8%/yr

Latest (2024): $475 · +4.8% YoY. Source: county tax records.