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710 W Ewing St
D Composite 43.66
Why this score? — see what drove the D 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +3.2/10.0
  • Livability +3.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$1

710 W Ewing St · Nevada, MO 64772
3 bd · 1.0 ba · 1,036 sqft · SingleFamily public records · 46 Days on market
Built 1950 0.29 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Very well kept home with family room in basement. Laundry room & 1 bath in basement also. Hardwood floors under carpets in most upstairs.

Key facts

  • Screened-in porch
  • Front porch
  • Storage shed

Tags

CORNER LOTFRONT PORCHSCREENED-IN PORCHSTORAGE SHED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $1.

Deal economics

  • At list price, monthly cash flow is $671 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($920 rent vs $1).
  • Cap rate 871759.8% vs local median 4.9% in Nevada — 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 59/100 on livability (#519 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
  • Nevada R-V (town): math 33% / reading 44% proficiency, ranked #180 of 324 in MO (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Nevada High (math 38% / reading 52%, grade D-, #176 of 521 statewide, top 34%, 786 students, 48% FRL) — zoned schools at 48% FRL track the district average.
  • Market conditions: 104 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 57 units permitted in Vernon County in 2024 (38 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
  • Vernon County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 46 days — a 3% lower offer ($0) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 16y 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: flood insurance adds $56/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $1

Questions for the listing agent

  1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
91958.00%
Cap rate
871759.84%
Cash-on-cash
3113405.53%
DSCR
138530.03
GRM
0.0

CMA / ARV

ARV (on-the-fly)
$104,636
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1008 S Elizabeth St 0.11mi 3/1.0 936 (-10%) 14mo $149,500 $160 67
600 S West St 0.30mi 2/1.0 (-1) 1,090 (+5%) 13mo $72,500 $67 62
1017 S Ash St 0.33mi 3/2.0 1,100 (+6%) 15mo $124,900 $114 58
627 W Cherry St 0.65mi 2/1.0 (-1) 1,142 (+10%) 1mo $89,900 $79 47
728 W Arch St 0.53mi 2/1.0 (-1) 996 (-4%) 20mo $132,000 $133 47
428 W Maple St 0.54mi 2/1.0 (-1) 1,090 (+5%) 18mo $110,000 $101 46
528 S Cedar St 0.54mi 2/1.0 (-1) 1,168 (+13%) 6mo $104,900 $90 43
113 S Clay St 0.66mi 2/1.0 (-1) 924 (-11%) 9mo $65,000 $70 39
110 N Chestnut St 0.71mi 2/2.0 (-1) 1,136 (+10%) 8mo $159,500 $140 35
816 W Sycamore St 0.47mi 2/1.0 (-1) 900 (-13%) 22mo $75,000 $83 33
105 E Sycamore St E 0.67mi 2/1.0 (-1) 928 (-10%) 20mo $133,500 $144 29
707 W Cherry St 0.65mi 2/1.0 (-1) 1,190 (+15%) 18mo $62,813 $53 25

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
152783.41×
Total profit
$42,779
Equity at exit
$0
10-year hold
IRR
Equity multiple
330249.50×
Total profit
$92,470
Equity at exit
$0

Cash invested: $0 (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.

ZIP-level market 64772

Active inventory
104

Monthly cashflow live

Estimated rent
$920 medium interval (Pro) →
Mortgage (P&I)
$0
Tax est. 1.5%
$0 /mo · $0/yr
Insurance
$0
Flood insurance flood zone
−$56 /mo · $666/yr
HOA
$0
Vacancy / Maint / Mgmt
$193
Net cashflow
$671

Break-even live

Break-even rent $70
Max offer price $1
Occupancy floor 22%

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
$0
Closing costs
$0
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
926 W Sycamore St Nevada, MO 3.0 1.0 1100 $850 $0.77 44d 1 0.50mi
515 N Tower St Nevada, MO 3.0 1.0 1305 $1,025 $0.79 44d 1 1.10mi
317 E Hickory St Nevada, MO 3.0 1.0 1296 $1,050 $0.81 44d 1 1.15mi
404 E Ashland St Nevada, MO 2.0 1.0 1041 $875 $0.84 44d 1 1.26mi

Listing history 4 events

  1. 2026-04-18
    status Pending
  2. 2026-03-02
    listed $1 Active
  3. 2010-11-30
    listed $74,500 143-char remark
    Show marketing remark (143 chars)

    Very well kept home with family room in basement. Laundry room & 1 bath in basement also. Hardwood floors under carpets in most upstairs.

  4. 1991-07-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$11,035
− Mortgage interest
−$0
− Property taxes
−$0
− Insurance
−$667
− Repairs & maintenance
−$883
− Management
−$883
− Depreciation
−$0
Taxable income
$8,603
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,065
After-tax cash flow
$5,986/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
Nevada R-V
NCES district ID
2921840
Math proficiency
33% ▼ -1.00%
Reading proficiency
44% ▼ -1.00%
Median HH income
$38,804
Composite
32.14/100
National rank
#5792
State rank
#180 of 324 in MO

Livability — Nevada

Score
59/100
State rank
#519
US rank
#19644

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Nevada, MO
Population (ZIP)
12,930

Population outlook (Vernon County) Hauer SSP2

Today (2025)
20,169 people
By 2030
19,639 · -2.6%
By 2040
18,551 · -8.0%
By 2050
17,549 · -13.0%
By 2075
15,314 · -24.1%
By 2100
13,132 · -34.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (92%)
Race & ethnicity
White 92% Two or more races 4% Hispanic / Latino 3% Black 1% Asian 1%
Common ancestry
Italian 3% Portuguese 2% Romanian 2%
Foreign-born
1%
Languages at home
98% English-only · German/W. Germanic 1%

Political lean MEDSL · Vernon

2024 margin
Solid R (+59.5) · D 19.8% · R 79.3%
2008→2024 swing
-37.5pp toward R · 2008: -22.0pp · 2024: -59.5pp
All cycles
2024: R+59.5 2020: R+57.2 2016: R+56.2 2012: R+37.3 2008: R+22.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -84.21%
Current HPI
150.7283
Rent YoY
Metro
State GDP YoY
▲ 1.84%
F500 in state
20

Industry mix (Fortune 500 HQ in MO)

Industry F500 HQs Revenue

Price history

4 events — show timeline
  • 2026-04-18 Pending Heartland MLS as Distributed by MLS Grid
  • 2026-03-02 Listed $1 Heartland MLS as Distributed by MLS Grid
  • 2010-11-30 Listed $74,500 Heartland MLS as Distributed by MLS Grid
  • 1991-07-01 Sold (Public Records) Public Records

Property tax history

+2.7%/yr

Latest (2025): $972 · +13.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…