10429 Renfrew Dr · Glasgow Village, MO 63137

$85,000

3 bd · 1.0 ba · 854 sqft · SingleFamily public records · 58 Days on market

Built 1952 6,782 sqft lot $100/sqft · at area comps Est $83k · at est.

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.5/15.0
• Rent growth +4.1/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Schools +0.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great Investment Opportunity! This 3-bedroom, 1-bath home offers strong cash flow potential with a covered carport and a partially finished basement—perfect for added storage or future value-add space. The property is currently tenant-occupied at $850/month, providing immediate income. The lease expires at the end of May, giving the next owner the opportunity to increase rents to an estimated $1,300–$1,500/month. Property is being sold as-is, with the seller to provide no inspections or warranties- Will provide current passed occupancy. Ideal for investors looking to add value and boost returns with minimal upgrades.

Key facts

• Tenant occupied
• Covered carport
• Immediate income

Tags

• COVERED CARPORT
• PARTIALLY FINISHED BASEMENT
• TENANT OCCUPIED
• IMMEDIATE INCOME

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $551 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 55/100 on livability (#756 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: schools F, crime F, amenities F.
• Riverview Gardens (suburban): math 2% / reading 9% proficiency, ranked #324 of 324 in MO (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.6%/yr); 201 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 920 units permitted in St. Louis County in 2024 (250 in 5+ unit buildings).
• This rent runs 39% of the median local income ($43k/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 $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.6% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $25k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $69k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1952 — 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 $82,450 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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 1952 — 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: 1.66% ✓
• Cap rate: 14.07%
• Cash-on-cash: 27.76%
• DSCR: 2.24
• GRM: 5.0

CMA / ARV

• ARV (median comp): $83,145
• List price: $85,000
• Delta: 2.23%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10539 Renfrew Dr	0.16mi	3/1.0	854 (0%)	2mo	$119,900	$140	91
332 Banff Cir	0.16mi	3/1.0	854 (0%)	3mo	$79,000	$93	90
363 Shepley Dr	0.23mi	3/1.0	854 (0%)	3mo	$110,000	$129	87
10301 Renfrew Dr	0.29mi	3/1.0	844 (-1%)	3mo	$110,000	$130	82
240 Shepley Dr	0.40mi	3/1.0	854 (0%)	3mo	$55,000	$64	79
321 Caithness Rd	0.28mi	3/1.0	902 (+6%)	3mo	$47,700	$53	75
10555 Gourock Dr	0.30mi	3/2.0	918 (+8%)	3mo	$120,000	$131	67
237 Ben Nevis Rd	0.64mi	3/1.0	873 (+2%)	1mo	$89,000	$102	66
10519 Renfrew Dr	0.11mi	3/1.5	982 (+15%)	2mo	$95,000	$97	66
10201 Gourock Dr	0.38mi	3/1.0	932 (+9%)	3mo	$110,000	$118	64
10066 Dorothy Ave	0.59mi	2/1.0 (-1)	916 (+7%)	1mo	$99,900	$109	54
10300 Ross Cir	0.53mi	3/1.0	980 (+15%)	1mo	$105,000	$107	50

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 · 6.59% rent growth · sell at horizon

5-year hold

• IRR: 25.8%
• Equity multiple: 2.12×
• Total profit: $26,572
• Equity at exit: $12,674

10-year hold

• IRR: 35.6%
• Equity multiple: 4.85×
• Total profit: $91,620
• Equity at exit: $7,349

Cash invested: $23,800 (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 63137

• Rents YoY: 6.6%
• Active inventory: 201
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,409 high
• Mortgage (P&I): −$446
• Tax from tax record: −$82 /mo · $981/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $551

Break-even live

Break-even rent $713

Max offer price $85,000

Occupancy floor 56%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
437 Lancashire Rd Saint Louis, MO	3.0	1.0	1082	$1,395	$1.29	44d	1	0.08mi
432 Midlothian Rd Saint Louis, MO	3.0	1.0	1120	$1,350	$1.21	11d	1	0.12mi
457 Shepley Dr Saint Louis, MO	3.0	1.0	854	$1,350	$1.58	24d	1	0.14mi
10519 Renfrew Dr Saint Louis, MO	3.0	1.5	982	$1,399	$1.42	44d	1	0.15mi
10524 Durness Dr Saint Louis, MO	3.0	1.0	1000	$1,250	$1.25	44d	1	0.17mi
10401 Hobkirk Dr Saint Louis, MO	3.0	1.0	1050	$1,500	$1.43	17d	1	0.19mi
10327 Renfrew Dr Saint Louis, MO	3.0	1.0	844	$1,199	$1.42	44d	1	0.19mi
10309 Galloway Dr Saint Louis, MO	3.0	1.0	892	$1,295	$1.45	12d	1	0.20mi
743 Shepley Dr Saint Louis, MO	3.0	1.0	932	$1,025	$1.10	8d	1	0.22mi
312 Banff Cir Saint Louis, MO	3.0	1.0	854	$1,175	$1.38	24d	1	0.22mi
10213 Durness Dr Saint Louis, MO	2.0	1.0	932	$1,225	$1.31	44d	1	0.23mi
409 Shepley Dr Saint Louis, MO	3.0	1.0	854	$1,095	$1.28	4d	1	0.24mi
329 Midlothian Rd Saint Louis, MO	3.0	1.0	854	$1,195	$1.40	3d	1	0.24mi
416 Crawford Rd Saint Louis, MO	3.0	1.0	844	$1,499	$1.78	24d	1	0.26mi
10518 Gretna Cir Saint Louis, MO	3.0	1.0	1082	$1,450	$1.34	24d	1	0.26mi
305 Lancashire Rd Saint Louis, MO	3.0	1.0	854	$1,100	$1.29	18d	1	0.26mi
325 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,425	$1.67	12d	1	0.27mi
325 Caithness Rd Saint Louis, MO	3.0	1.0	854	$1,540	$1.80	44d	1	0.27mi
10527 Prestwick Dr Saint Louis, MO	3.0	2.0	854	$1,395	$1.63	8d	1	0.30mi
10432 Balmoral Dr Saint Louis, MO	4.0	1.0	826	$1,600	$1.94	2d	1	0.32mi
317 Cameron Rd Saint Louis, MO	3.0	1.0	854	$1,350	$1.58	24d	1	0.34mi
1205 Shepley Dr Saint Louis, MO	3.0	1.0	901	$1,350	$1.50	44d	1	0.34mi
1205 Shepley Dr Saint Louis, MO	3.0	1.0	901	$1,325	$1.47	24d	1	0.34mi
10201 Gourock Dr Saint Louis, MO	3.0	1.0	886	$1,275	$1.44	44d	1	0.34mi
251 Midlothian Rd Saint Louis, MO	3.0	1.0	1058	$1,499	$1.42	44d	1	0.34mi
323 Shepley Dr Saint Louis, MO	3.0	1.0	850	$1,175	$1.38	2d	1	0.34mi
10421 Gardo Ct Saint Louis, MO	3.0	2.0	1000	$1,395	$1.40	15d	1	0.38mi
10063 Northgate Dr Saint Louis, MO	2.0	1.0	1054	$1,200	$1.14	44d	1	0.39mi
232 Cameron Rd Saint Louis, MO	3.0	1.0	984	$1,295	$1.32	12d	1	0.40mi
204 Tay Rd Saint Louis, MO	4.0	1.5	854	$1,500	$1.76	17d	1	0.40mi
10617 Dunkeld Cir Saint Louis, MO	3.0	1.0	873	$1,299	$1.49	44d	1	0.41mi
10617 Dunkeld Cir Saint Louis, MO	3.0	1.0	873	$1,299	$1.49	8d	1	0.41mi
10019 Northgate Dr Saint Louis, MO	3.0	1.0	991	$1,150	$1.16	22d	1	0.48mi
10650 Dunkeld Cir Saint Louis, MO	3.0	1.0	854	$1,250	$1.46	8d	1	0.48mi
255 Chambers Rd St. Louis, MO	2.0	1.0	700	$850	$1.21	44d	1	0.48mi
815 Bella Ln Saint Louis, MO	3.0	1.0	864	$1,275	$1.48	44d	1	0.54mi
10066 Dorothy Ave Saint Louis, MO	2.0	1.0	916	$1,225	$1.34	22d	1	0.55mi
241 Grampian Rd Saint Louis, MO	3.0	1.0	837	$1,250	$1.49	44d	1	0.57mi
237 Grampian Rd Saint Louis, MO	3.0	1.0	873	$1,499	$1.72	44d	1	0.58mi
157 Perthshire Rd Saint Louis, MO	3.0	1.0	873	$1,850	$2.12	44d	1	0.60mi

Listing history 23 events

1. 2026-06-18
   days on market $85,000 Active 58 DOM
2. 2026-06-17
   days on market $85,000 Active 57 DOM
3. 2026-06-16
   days on market $85,000 Active 56 DOM
4. 2026-06-15
   days on market $85,000 Active 55 DOM
5. 2026-06-13
   days on market $85,000 Active 53 DOM
6. 2026-06-13
   days on market $85,000 Active 52 DOM
7. 2026-06-09
   days on market $85,000 Active 49 DOM
8. 2026-06-08
   days on market $85,000 Active 48 DOM
9. 2026-06-07
   days on market $85,000 Active 47 DOM
10. 2026-06-05
    days on market $85,000 Active 44 DOM
11. 2026-06-03
    days on market $85,000 Active 43 DOM
12. 2026-06-02
    days on market $85,000 Active 42 DOM
13. 2026-06-01
    days on market $85,000 Active 41 DOM
14. 2026-05-31
    days on market $85,000 Active 40 DOM
15. 2026-04-21
    listed $110,000 Active 639-char remark

    Show marketing remark (639 chars)

    Great Investment Opportunity! This 3-bedroom, 1-bath home offers strong cash flow potential with a covered carport and a partially finished basement—perfect for added storage or future value-add space. The property is currently tenant-occupied at $850/month, providing immediate income. The lease expires at the end of May, giving the next owner the opportunity to increase rents to an estimated $1,300–$1,500/month. Property is being sold as-is, with the seller to provide no inspections or warranties- Will provide current passed occupancy. Ideal for investors looking to add value and boost returns with minimal upgrades.

16. 2024-12-02
    soldstatus Closed 793-char remark

    Show marketing remark (793 chars)

    Great investment opportunity! This 3-bedroom, 1-bath home features a covered carport and a partially finished basement, offering additional space for storage or entertainment. The property is tenant-occupied, with the tenant paying $850 per month. Seller is offering the home **as-is** and will not provide any inspections or warranties. In addition to this property, the seller is also offering 404 Crawford (MLS ID#24065260), 6053 Hancock (MLS ID#24064705), 10714 Glen Garry Rd (MLS ID#24065183), and 109 Ben Nevis (MLS ID#24065242), which can be purchased as a package or separately. Expand your portfolio with this excellent investment opportunity!Don't miss out on this chance to add a solid income-producing property to your portfolio! Please contact Kevy at for questions 314-827-6911.

17. 2024-10-19
    status Pending 793-char remark

    Show marketing remark (793 chars)

    Great investment opportunity! This 3-bedroom, 1-bath home features a covered carport and a partially finished basement, offering additional space for storage or entertainment. The property is tenant-occupied, with the tenant paying $850 per month. Seller is offering the home **as-is** and will not provide any inspections or warranties. In addition to this property, the seller is also offering 404 Crawford (MLS ID#24065260), 6053 Hancock (MLS ID#24064705), 10714 Glen Garry Rd (MLS ID#24065183), and 109 Ben Nevis (MLS ID#24065242), which can be purchased as a package or separately. Expand your portfolio with this excellent investment opportunity!Don't miss out on this chance to add a solid income-producing property to your portfolio! Please contact Kevy at for questions 314-827-6911.

18. 2024-10-15
    listed $80,000 Active 793-char remark

    Show marketing remark (793 chars)

    Great investment opportunity! This 3-bedroom, 1-bath home features a covered carport and a partially finished basement, offering additional space for storage or entertainment. The property is tenant-occupied, with the tenant paying $850 per month. Seller is offering the home **as-is** and will not provide any inspections or warranties. In addition to this property, the seller is also offering 404 Crawford (MLS ID#24065260), 6053 Hancock (MLS ID#24064705), 10714 Glen Garry Rd (MLS ID#24065183), and 109 Ben Nevis (MLS ID#24065242), which can be purchased as a package or separately. Expand your portfolio with this excellent investment opportunity!Don't miss out on this chance to add a solid income-producing property to your portfolio! Please contact Kevy at for questions 314-827-6911.

19. 2022-04-06
    soldstatus $68,571
20. 2022-04-04
    soldstatus $350,000
21. 2007-08-14
    soldstatus $56,400
22. 1995-02-24
    soldstatus
23. 1958-12-29
    soldstatus

ⓘ 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: $981 · $82/mo
• Projected year-2 tax: $981 · $82/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 5/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,914
• − Mortgage interest: −$4,761
• − Property taxes: −$981
• − Insurance: −$425
• − Repairs & maintenance: −$1,353
• − Management: −$1,353
• − Depreciation: −$2,473
• Taxable income: $5,567
• Est. tax owed @ 24.0%: −$1,336
• After-tax cash flow: $5,270/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: Riverview Gardens
• NCES district ID: 2926670
• Math proficiency: 2% ▼ -6.00%
• Reading proficiency: 9% ▼ -6.00%
• Median HH income: $32,759
• Composite: 4.22/100
• National rank: #10058
• State rank: #324 of 324 in MO

Livability — Glasgow Village

• Score: 55/100
• State rank: #756
• US rank: #23451

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glasgow Village, MO
• County: Saint Louis County · 888,823 people
• Metro: St. Louis, MO-IL
• Population (ZIP): 19,684
• Household income: $43,422
• Rent vs Own: 52.2% rent · 47.8% own
• Severe rent burden: 1863.0

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: Predominantly Black (82%)
• Race & ethnicity: Black 82% White 13% Two or more races 3%
• Common ancestry: Romanian 1% Lithuanian 1% Italian 1%
• Foreign-born: 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: ▼ -96.70%
• Current HPI: 130.6765
• Rent YoY: ▲ 6.59%
• 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

+95.0% since first listed

9 events — show timeline

• 2026-04-21 Listed $110,000 MARIS as Distributed by MLS Grid
• 2024-12-02 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2024-10-19 Pending — MARIS as Distributed by MLS Grid
• 2024-10-15 Listed $80,000 MARIS as Distributed by MLS Grid
• 2022-04-06 Sold (Public Records) $68,571 Public Records
• 2022-04-04 Sold (Public Records) $350,000 Public Records
• 2007-08-14 Sold (Public Records) $56,400 Public Records
• 1995-02-24 Sold (Public Records) — Public Records
• 1958-12-29 Sold (Public Records) — Public Records

Property tax history

+0.3%/yr

Latest (2022): $981 · +1.0% YoY. Source: county tax records.