9450 Baltimore Ave · Overland, MO 63114

$114,900

2 bd · 1.0 ba · 1,038 sqft · SingleFamily public records · 40 Days on market

Built 1928 8,232 sqft lot $111/sqft · 14% below area Est $134k · 14% under

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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 +24.3/30.0
• ARV discount +14.0/15.0
• DSCR +7.8/10.0
• 1% rule +6.0/10.0
• Livability +3.1/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Nestled in the heart of Overland, this charming 1920s brick bungalow at 9450 Baltimore Avenue offers a wonderful blend of vintage character and untapped potential. From the moment you arrive, you’re greeted by the timeless appeal of a classic St. Louis home, complete with original hardwood floors that flow through the main living spaces and a cozy sun porch that’s perfect for morning coffee. The layout is thoughtfully designed for easy living, featuring a full dining room and an eat-in kitchen that serves as the heart of the home. Outside, the property truly shines with a spacious, level lot adorned by large, mature trees that provide a peaceful, natural canopy. Because this hom

Key facts

• Brick bungalow
• Cozy sun porch
• Spacious level lot

Tags

• BRICK BUNGALOW
• ORIGINAL HARDWOOD FLOORS
• COZY SUN PORCH
• FULL DINING ROOM
• EAT-IN KITCHEN
• SPACIOUS LEVEL LOT

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Utilities: Public water; Public sewer; Electric: other
• Home design: Single family residence; One level; House structure
• Construction: Brick construction; Composition roof; Slab foundation; Built (year per public records)
• Exterior features: Level lot; Paved road access

Interior

• Kitchen: Gas range; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Central air; Other heating type
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $231 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $111k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 6.3% in Overland — 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 61/100 on livability (#436 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• Ritenour (suburban): math 13% / reading 27% proficiency, ranked #304 of 324 in MO (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Marion Elem. (math 18% / reading 30%, grade F, #907 of 1,115 statewide, top 81%, 475 students, 99% FRL); Ritenour Sr. High (math 9% / reading 36%, grade F, #455 of 521 statewide, top 88%, 1,873 students, 100% FRL) — zoned schools average 100% FRL vs 66% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.0%/yr); 118 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($111k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $50k; list at $115k implies a 132% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $111,453 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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. 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: 1.10% ✓
• Cap rate: 8.70%
• Cash-on-cash: 8.61%
• DSCR: 1.38
• GRM: 7.6

CMA / ARV

• ARV (median comp): $134,234
• List price: $114,900
• Delta: -14.40%
• 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
3108 Quiet Ln	0.13mi	3/1.0 (+1)	1,056 (+2%)	2mo	$140,000	$133	84
3112 Airway Ave	0.34mi	2/1.0	1,032 (-1%)	6mo	$79,900	$77	78
3304 S Gordon Ct	0.39mi	2/1.0	980 (-6%)	2mo	$125,000	$128	71
8965 Tudor Ave	0.55mi	2/1.0	991 (-4%)	4mo	$160,000	$161	63
3563 Boswell Ave	0.68mi	2/1.0	1,060 (+2%)	4mo	$159,900	$151	61
8920 Burton Ave	0.65mi	2/1.0	1,066 (+3%)	7mo	$139,900	$131	59
2448 Gothland Ave	0.75mi	2/1.0	1,076 (+4%)	2mo	$145,000	$135	57
2509 Spencer Ave	0.57mi	3/2.0 (+1)	1,063 (+2%)	4mo	$179,000	$168	57
3329 Dix Ave	0.44mi	2/1.0	900 (-13%)	6mo	$130,000	$144	52
8965 Argyle Ave	0.55mi	2/1.0	900 (-13%)	3mo	$149,000	$166	50
3513 Edmundson Rd	0.65mi	3/1.0 (+1)	960 (-8%)	8mo	$84,900	$88	46
8907 Argyle Ave	0.68mi	2/1.0	899 (-13%)	6mo	$129,900	$144	41

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 · 2.04% rent growth · sell at horizon

5-year hold

• IRR: -4.3%
• Equity multiple: 0.84×
• Total profit: $-5,119
• Equity at exit: $17,132

10-year hold

• IRR: 4.3%
• Equity multiple: 1.30×
• Total profit: $9,619
• Equity at exit: $9,934

Cash invested: $32,172 (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 63114

• Rents YoY: 2.0%
• Active inventory: 118
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,266 high
• Mortgage (P&I): −$603
• Tax from tax record: −$119 /mo · $1,430/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $231

Break-even live

Break-even rent $974

Max offer price $114,900

Occupancy floor 77%

Sensitivity live

Price	-10% $296	-5% $263	+0% $231	+5% $198	+10% $166
Rent	-10% $131	-5% $181	+0% $231	+5% $281	+10% $331
Rate	-1.0pp $289	-0.5pp $260	base $231	+0.5pp $201	+1.0pp $171

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9429 Baltimore Ave Saint Louis, MO	2.0	1.0	900	$1,200	$1.33	25d	1	0.02mi
9429 Baltimore Ave Saint Louis, MO	2.0	1.0	900	$1,200	$1.33	0d	1	0.02mi
2732 Annapolis Ave Saint Louis, MO	2.0	1.0	768	$1,250	$1.63	45d	1	0.15mi
3010 Woodson Rd Breckenridge Hills, MO	1.0	1.0	850	$895	$1.05	45d	1	0.16mi
9535 Baltimore Ave Saint Louis, MO	2.0	1.0	800	$1,145	$1.43	25d	1	0.18mi
3209 Dix Ave Saint Louis, MO	3.0	1.0	1122	$1,550	$1.38	25d	1	0.25mi
3213 Airway Ave Saint Louis, MO	3.0	1.0	1215	$1,550	$1.28	45d	1	0.43mi
9618 De Porres Ln Saint Louis, MO	2.0	1.0	875	$1,200	$1.37	45d	1	0.46mi
3209 Royalton Ave Saint Louis, MO	2.0	1.0	805	$1,150	$1.43	45d	1	0.49mi
3219 Royalton Ave Saint Louis, MO	2.0	1.0	792	$1,095	$1.38	23d	1	0.51mi
9310 Shirley Gardens Dr Apt B St. Louis, MO	2.0	1.0	800	$1,100	$1.38	45d	1	0.56mi
9310 Shirley Gardens Dr Apt C St. Louis, MO	2.0	1.0	800	$1,200	$1.50	45d	1	0.56mi
3648 Edmundson Rd Unit 1 St. Louis, MO	2.0	1.0	900	$995	$1.11	45d	1	0.83mi
3434 Sims Ave Saint Ann, MO	3.0	1.5	988	$1,545	$1.56	45d	1	0.88mi
8700 Crocus Ln Saint Louis, MO	1.0	1.0	700	$950	$1.36	9d	2	0.94mi
8733 Mavis Pl Saint Louis, MO	3.0	2.0	1306	$1,500	$1.15	0d	1	0.96mi
9675 Muriel Ave Unit 9627 Overland, MO	2.0	1.5	830	$1,200	$1.45	45d	1	1.01mi
9675 Muriel Ave Unit 9709 Overland, MO	2.0	1.5	830	$1,200	$1.45	0d	1	1.01mi
9675 Muriel Ave Unit 9733 Overland, MO	2.0	1.5	830	$1,200	$1.45	4d	1	1.01mi
2452 Ashland Ave Saint Louis, MO	2.0	1.0	1028	$1,350	$1.31	45d	1	1.02mi
9448 Harold Dr Saint Louis, MO	2.0	1.0	864	$1,495	$1.73	45d	1	1.05mi
10205 Saint Daniel Ln Saint Ann, MO	2.0	1.0	792	$1,450	$1.83	45d	1	1.06mi
10116 Saint Katherine Ln Saint Ann, MO	3.0	1.0	984	$1,865	$1.90	18d	1	1.07mi
9457 Harold Dr Saint Louis, MO	3.0	1.0	1472	$1,530	$1.04	23d	1	1.08mi
2201 Gaebler Ave Unit 1 Overland, MO	2.0	1.0	750	$1,300	$1.73	0d	1	1.08mi
2201 Gaebler Ave Unit A Overland, MO	2.0	1.0	710	$1,250	$1.76	25d	1	1.08mi
9183 Harold Dr Saint Louis, MO	3.0	1.0	912	$1,200	$1.32	45d	1	1.10mi
8612 Hume Ave Saint Louis, MO	1.0	2.0	720	$1,150	$1.60	0d	1	1.11mi
8819 McNulty Dr Saint Louis, MO	2.0	1.0	752	$1,225	$1.63	45d	1	1.16mi
10214 Saint Anthony Ln Saint Ann, MO	2.0	1.0	734	$1,200	$1.63	45d	1	1.18mi
9807 Guthrie Ave Saint Louis, MO	3.0	2.0	1068	$1,685	$1.58	0d	1	1.30mi
10124 Saint Martha Ln Saint Ann, MO	1.0	1.0	1400	$890	$0.64	16d	1	1.33mi
3529 Saint Joachim Ln Saint Ann, MO	2.0	1.0	900	$1,450	$1.61	25d	1	1.34mi
3529 Saint Joachim Ln Unit NA St Ann, MO	2.0	1.0	900	$1,450	$1.61	21d	1	1.34mi
4400 Gordon Ave Saint Louis, MO	3.0	2.0	1500	$1,800	$1.20	5d	1	1.43mi

Listing history 16 events

1. 2026-06-21
   days on market $114,900 Active 40 DOM
2. 2026-06-18
   days on market $114,900 Active 37 DOM
3. 2026-06-17
   days on market $114,900 Active 36 DOM
4. 2026-06-16
   days on market $114,900 Active 35 DOM
5. 2026-06-15
   pricedays on market $114,900 Active 34 DOM
6. 2026-06-13
   days on market $124,900 Active 32 DOM
7. 2026-06-09
   days on market $124,900 Active 28 DOM
8. 2026-06-08
   days on market $124,900 Active 27 DOM
9. 2026-06-07
   days on market $124,900 Active 26 DOM
10. 2026-06-03
    days on market $124,900 Active 22 DOM
11. 2026-06-02
    days on market $124,900 Active 21 DOM
12. 2026-06-01
    days on market $124,900 Active 20 DOM
13. 2026-05-31
    days on market $124,900 Active 19 DOM
14. 2026-05-12
    listed $124,900 Active 1262-char remark
15. 2020-08-05
    soldstatus $49,500
16. 2010-02-09
    soldstatus $17,000

ⓘ 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: $1,430 · $119/mo
• Projected year-2 tax: $1,430 · $119/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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,198
• − Mortgage interest: −$6,436
• − Property taxes: −$1,430
• − Insurance: −$574
• − Repairs & maintenance: −$1,216
• − Management: −$1,216
• − Depreciation: −$3,343
• Taxable income: $983
• Est. tax owed @ 24.0%: −$236
• After-tax cash flow: $2,535/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: Ritenour
• NCES district ID: 2926640
• Math proficiency: 13% ▼ -14.00%
• Reading proficiency: 27% ▼ -7.00%
• Median HH income: $41,410
• Composite: 17.04/100
• National rank: #9125
• State rank: #304 of 324 in MO

Livability — Overland

• Score: 61/100
• State rank: #436
• US rank: #17870

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Overland, MO
• County: Saint Louis County · 888,823 people
• City population: 33,969
• Metro: St. Louis, MO-IL
• Population (ZIP): 33,969
• Household income: $55,870
• Rent vs Own: 41.8% rent · 58.2% own
• Severe rent burden: 1595.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 1,025,227 people
• By 2030: 1,028,023 · +0.3%
• By 2040: 1,020,940 · -0.4%
• By 2050: 1,007,280 · -1.8%
• By 2075: 987,277 · -3.7%
• By 2100: 921,984 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 50% Black 30% Hispanic / Latino 11% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 3% Italian 2% Romanian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 10% French/Haitian/Cajun 2% Tagalog/Filipino 1%

Political lean MEDSL · St. Louis

• 2024 margin: Strong D (+23.4) · D 60.8% · R 37.4% · Other 1.7%
• 2008→2024 swing: +3.5pp toward D · 2008: 19.9pp · 2024: 23.4pp
• All cycles: 2024: D+23.4 2020: D+24.0 2016: D+16.2 2012: D+13.7 2008: D+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -276.62%
• Current HPI: 223.9305
• Rent YoY: ▲ 2.04%
• 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

+575.9% since first listed

4 events — show timeline

• 2026-06-15 Price Changed $114,900 MARIS as Distributed by MLS Grid
• 2026-05-12 Listed $124,900 MARIS as Distributed by MLS Grid
• 2020-08-05 Sold (Public Records) $49,500 Public Records
• 2010-02-09 Sold (Public Records) $17,000 Public Records

Property tax history

+0.5%/yr

Latest (2022): $1,430 · +0.0% YoY. Source: county tax records.