186 Oriole St · Cape Girardeau, MO 63701

$185,000

2 bd · 1.0 ba · 1,162 sqft · SingleFamily public records · 31 Days on market

Built 1990 0.50 ac lot

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Why this score? — see what drove the F 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 +9.0/30.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• 1% rule +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Get a bigger bang for your buck with this nice 3 bedroom 2 bath home on 1/2 acre that comes with an extra home! The primary residence is a ranch style house that features a large open kitchen with a full set of custom cabinets, countertops, and tile backsplash. In addition to the open living room, the additional family room provides even more living space giving this property the feel of a much larger home. The systems are newer and include electric water heater and high efficiency gas HVAC system with a heat pump AC unit for just about the best utility friendly scenario you could hope for. Three bedrooms and 2 bathrooms (great tilework in the showers by the way) round out the list of attributes you'll appreciate in this home at this price. Factor in the large 2 bedroom 1 bath cottage right out back and we've pretty much eliminated any concern with price tag. Guest house, rental income, caretaker quarters, or space for independent family member(s) are just a few possibilities.

Key facts

• Custom cabinets
• Spacious living area
• Open kitchen

Tags

• OPEN KITCHEN
• CUSTOM CABINETS
• BREAKFAST BAR
• TILE BACKSPLASH
• SPACIOUS LIVING AREA
• SEPARATE FAMILY ROOM

Property features AI

Exterior

• Parking: 1-car garage
• Utilities: Well water; Septic tank; 220 volt electric service; Ameren electric provider; Cable available; Electricity available; Natural gas available; Propane (leased)
• Home design: Single-family residence; One story
• Construction: Vinyl siding
• Exterior features: Front yard; Back yard fencing; Irregular, level lot

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Forced air heating; Heat pump; Propane heating available; Central air conditioning; Electric cooling
• Interior features: Crawl space basement; Five total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $-146 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (14.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $120k (34.9% below list).
• Recommended offer: $120k (34.9% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.9% in Cape Girardeau — 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 64/100 on livability (#297 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Nell Holcomb R-IV (rural): math 30% / reading 45% proficiency, ranked #336 of 535 in MO (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Nell Holcomb Elem. (math 32% / reading 47%, grade F, #537 of 1,115 statewide, top 53%, 244 students, 41% FRL) — zoned schools at 41% FRL track the district average.
• Market conditions: Rents rising (+3.3%/yr); 326 active listings in the ZIP; 81 units permitted in Cape Girardeau County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Cape Girardeau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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

• Climate carrying-cost: major flood risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,349 (34.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.65% ✗
• Cap rate: 5.34%
• Cash-on-cash: -3.39%
• DSCR: 0.85
• GRM: 12.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.27% rent growth · sell at horizon

5-year hold

• IRR: -21.8%
• Equity multiple: 0.25×
• Total profit: $-39,059
• Equity at exit: $27,584

10-year hold

• IRR: -15.2%
• Equity multiple: 0.13×
• Total profit: $-45,033
• Equity at exit: $15,995

Cash invested: $51,800 (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 63701

• Rents YoY: 3.3%
• Active inventory: 326
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $1,203 medium
• Mortgage (P&I): −$970
• Tax from tax record: −$50 /mo · $597/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $-146

Break-even live

Break-even rent $1,389

Max offer price $159,163

Occupancy floor —

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-10
   status $185,000 Pending 31 DOM
2. 2026-06-09
   days on market $185,000 Active Under Contract 31 DOM
3. 2026-06-08
   days on market $185,000 Active Under Contract 30 DOM
4. 2026-06-07
   days on market $185,000 Active Under Contract 29 DOM
5. 2026-06-05
   days on market $185,000 Active Under Contract 26 DOM
6. 2026-06-03
   days on market $185,000 Active Under Contract 25 DOM
7. 2026-06-02
   days on market $185,000 Active Under Contract 24 DOM
8. 2026-06-01
   days on market $185,000 Active Under Contract 23 DOM
9. 2026-05-31
   days on market $185,000 Active Under Contract 22 DOM
10. 2026-05-30
    days on market $185,000 Active Under Contract 21 DOM
11. 2026-05-13
    historical Active Under Contract
12. 2026-05-09
    listed $185,000 Active
13. 2021-02-26
    soldstatus Closed 991-char remark

    Show marketing remark (991 chars)

    Get a bigger bang for your buck with this nice 3 bedroom 2 bath home on 1/2 acre that comes with an extra home! The primary residence is a ranch style house that features a large open kitchen with a full set of custom cabinets, countertops, and tile backsplash. In addition to the open living room, the additional family room provides even more living space giving this property the feel of a much larger home. The systems are newer and include electric water heater and high efficiency gas HVAC system with a heat pump AC unit for just about the best utility friendly scenario you could hope for. Three bedrooms and 2 bathrooms (great tilework in the showers by the way) round out the list of attributes you'll appreciate in this home at this price. Factor in the large 2 bedroom 1 bath cottage right out back and we've pretty much eliminated any concern with price tag. Guest house, rental income, caretaker quarters, or space for independent family member(s) are just a few possibilities.

14. 2021-01-25
    status Pending 991-char remark

    Show marketing remark (991 chars)

    Get a bigger bang for your buck with this nice 3 bedroom 2 bath home on 1/2 acre that comes with an extra home! The primary residence is a ranch style house that features a large open kitchen with a full set of custom cabinets, countertops, and tile backsplash. In addition to the open living room, the additional family room provides even more living space giving this property the feel of a much larger home. The systems are newer and include electric water heater and high efficiency gas HVAC system with a heat pump AC unit for just about the best utility friendly scenario you could hope for. Three bedrooms and 2 bathrooms (great tilework in the showers by the way) round out the list of attributes you'll appreciate in this home at this price. Factor in the large 2 bedroom 1 bath cottage right out back and we've pretty much eliminated any concern with price tag. Guest house, rental income, caretaker quarters, or space for independent family member(s) are just a few possibilities.

15. 2021-01-08
    listed $110,775 Active 991-char remark

    Show marketing remark (991 chars)

    Get a bigger bang for your buck with this nice 3 bedroom 2 bath home on 1/2 acre that comes with an extra home! The primary residence is a ranch style house that features a large open kitchen with a full set of custom cabinets, countertops, and tile backsplash. In addition to the open living room, the additional family room provides even more living space giving this property the feel of a much larger home. The systems are newer and include electric water heater and high efficiency gas HVAC system with a heat pump AC unit for just about the best utility friendly scenario you could hope for. Three bedrooms and 2 bathrooms (great tilework in the showers by the way) round out the list of attributes you'll appreciate in this home at this price. Factor in the large 2 bedroom 1 bath cottage right out back and we've pretty much eliminated any concern with price tag. Guest house, rental income, caretaker quarters, or space for independent family member(s) are just a few possibilities.

16. 2015-12-31
    soldstatus
17. 2015-12-30
    soldstatus 444-char remark

    Show marketing remark (444 chars)

    Great 3 bedroom/2 bath remodeled and updated home in the country with an outbuilding used for crafts/office/storage. Main house kitchen has been updated with stylish cabinets and counter tops along with updated cabinets, hand scraped wood floors. All appliances stay. This house is immaculate! The moment you walk into the living room- you feel at home. Jacuzzi tub in guest bath in main house. All is on the same septic and electric.

18. 2015-08-28
    listed $110,000 444-char remark

    Show marketing remark (444 chars)

    Great 3 bedroom/2 bath remodeled and updated home in the country with an outbuilding used for crafts/office/storage. Main house kitchen has been updated with stylish cabinets and counter tops along with updated cabinets, hand scraped wood floors. All appliances stay. This house is immaculate! The moment you walk into the living room- you feel at home. Jacuzzi tub in guest bath in main house. All is on the same septic and electric.

19. 2010-11-04
    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: $597 · $50/mo
• Projected year-2 tax: $1,794 · $150/mo
• Expected delta: +$1,197/yr (+$100/mo · 200.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% 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: $14,442
• − Mortgage interest: −$10,363
• − Property taxes: −$597
• − Insurance: −$925
• − Repairs & maintenance: −$1,155
• − Management: −$1,155
• − Depreciation: −$5,382
• Taxable loss: −$5,136
• Est. tax savings @ 24.0%: +$1,233
• After-tax cash flow: $-523/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: Nell Holcomb R-IV
• NCES district ID: 2907320
• Math proficiency: 30% ▼ -15.00%
• Reading proficiency: 45% ▼ -10.00%
• Median HH income: $53,750
• Composite: 35.28/100
• National rank: #9831
• State rank: #336 of 535 in MO

Livability — Cape Girardeau

• Score: 64/100
• State rank: #297
• US rank: #13759

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Cape Girardeau County · 75,175 people
• City population: 47,546
• Metro: Cape Girardeau, MO-IL
• Population (ZIP): 39,345
• Household income: $66,654
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 1300.0

Population outlook (Cape Girardeau County) Hauer SSP2

• Today (2025): 84,807 people
• By 2030: 88,016 · +3.8%
• By 2040: 93,914 · +10.7%
• By 2050: 99,541 · +17.4%
• By 2075: 114,527 · +35.0%
• By 2100: 121,718 · +43.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 12% Two or more races 4% Hispanic / Latino 3% Asian 3%
• Common ancestry: Italian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 3% · China, Canada
• Languages at home: 95% English-only · Spanish 1% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Cape Girardeau

• 2024 margin: Solid R (+46.5) · D 26.2% · R 72.7% · Other 1.1%
• 2008→2024 swing: -12.9pp toward R · 2008: -33.6pp · 2024: -46.5pp
• All cycles: 2024: R+46.5 2020: R+45.0 2016: R+50.1 2012: R+43.8 2008: R+33.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -177.04%
• Current HPI: 156.0433
• Rent YoY: ▲ 3.27%
• Metro: Cape Girardeau, 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

+68.2% since first listed

9 events — show timeline

• 2026-05-13 Contingent — MARIS as Distributed by MLS Grid
• 2026-05-09 Listed $185,000 MARIS as Distributed by MLS Grid
• 2021-02-26 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2021-01-25 Pending — MARIS as Distributed by MLS Grid
• 2021-01-08 Listed $110,775 MARIS as Distributed by MLS Grid
• 2015-12-31 Sold (Public Records) — Public Records
• 2015-12-30 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2015-08-28 Listed $110,000 MARIS as Distributed by MLS Grid
• 2010-11-04 Sold (Public Records) — Public Records

Property tax history

+2.8%/yr

Latest (2025): $597 · +4.4% YoY. Source: county tax records.