343 Jackson St · Chillicothe, MO 64601

$79,700

4 bd · 2.0 ba · 3,666 sqft · SingleFamily public records · 226 Days on market

Built 1900 0.41 ac lot $22/sqft · 63% below area Est $145k · 45% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into the character and charm of this large Victorian home, ready for your finishing touches to make it your own. Featuring spacious rooms, original architectural details, and a functional layout, this home offers plenty of room to grow. The kitchen includes a convenient pantry and ample space for updates to suit your style. This property is perfect for those looking to restore or customize a historic home to their taste. Don't miss the opportunity to bring this beauty back to life!

Key facts

• Victorian home
• Convenient pantry
• Functional layout

Tags

• VICTORIAN HOME
• ORIGINAL ARCHITECTURAL DETAILS
• FUNCTIONAL LAYOUT
• CONVENIENT PANTRY
• HISTORIC HOME

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $410 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.5% vs local median 4.8% in Chillicothe — 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 67/100 on livability (#225 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: employment D+, amenities F, commute F.
• Chillicothe R-II (town): math 49% / reading 48% proficiency, ranked #60 of 324 in MO (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 71 active listings in the ZIP; 47 units permitted in Livingston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $551 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 226 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 13y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $70,136 (12.0% below list)

Questions for the listing agent

1. It's been on market 226 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.45% ✓
• Cap rate: 12.46%
• Cash-on-cash: 22.02%
• DSCR: 1.98
• GRM: 5.8

CMA / ARV

• ARV (median comp): $145,001
• List price: $79,700
• Delta: -45.03%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 14.7%
• Equity multiple: 1.59×
• Total profit: $13,156
• Equity at exit: $11,884

10-year hold

• IRR: 23.4%
• Equity multiple: 3.02×
• Total profit: $44,988
• Equity at exit: $6,891

Cash invested: $22,316 (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 64601

• Home prices YoY: -15.3%
• Active inventory: 71
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,152 medium
• Mortgage (P&I): −$418
• Tax from tax record: −$49 /mo · $591/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $410

Break-even live

Break-even rent $633

Max offer price $79,700

Occupancy floor 59%

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: $19,925
• Closing costs: $2,391
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-06-07
   statusdays on market $79,700 Pending 226 DOM
2. 2026-06-04
   days on market $79,700 Active 224 DOM
3. 2026-06-02
   days on market $79,700 Active 223 DOM
4. 2026-06-01
   days on market $79,700 Active 222 DOM
5. 2026-05-31
   days on market $79,700 Active 221 DOM
6. 2026-04-28
   price $79,700 491-char remark

   Show marketing remark (491 chars)

   Step into the character and charm of this large Victorian home, ready for your finishing touches to make it your own. Featuring spacious rooms, original architectural details, and a functional layout, this home offers plenty of room to grow. The kitchen includes a convenient pantry and ample space for updates to suit your style. This property is perfect for those looking to restore or customize a historic home to their taste. Don't miss the opportunity to bring this beauty back to life!

7. 2026-02-20
   price $84,700 491-char remark

   Show marketing remark (491 chars)

   Step into the character and charm of this large Victorian home, ready for your finishing touches to make it your own. Featuring spacious rooms, original architectural details, and a functional layout, this home offers plenty of room to grow. The kitchen includes a convenient pantry and ample space for updates to suit your style. This property is perfect for those looking to restore or customize a historic home to their taste. Don't miss the opportunity to bring this beauty back to life!

8. 2025-10-22
   listed $89,700 Active 491-char remark

   Show marketing remark (491 chars)

   Step into the character and charm of this large Victorian home, ready for your finishing touches to make it your own. Featuring spacious rooms, original architectural details, and a functional layout, this home offers plenty of room to grow. The kitchen includes a convenient pantry and ample space for updates to suit your style. This property is perfect for those looking to restore or customize a historic home to their taste. Don't miss the opportunity to bring this beauty back to life!

9. 2013-03-29
   soldstatus 171-char remark

   Show marketing remark (171 chars)

   Lots of character in this older home - original woodwork, hardwood floors and lead glass windows, large rooms and walk in closets, large corner lot close to downtown area.

10. 2013-02-20
    listed $44,500 171-char remark

    Show marketing remark (171 chars)

    Lots of character in this older home - original woodwork, hardwood floors and lead glass windows, large rooms and walk in closets, large corner lot close to downtown area.

ⓘ 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: $591 · $49/mo
• Projected year-2 tax: $773 · $64/mo
• Expected delta: +$182/yr (+$15/mo · 30.8%)

ⓘ 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 ≥107°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,822
• − Mortgage interest: −$4,464
• − Property taxes: −$591
• − Insurance: −$398
• − Repairs & maintenance: −$1,106
• − Management: −$1,106
• − Depreciation: −$2,319
• Taxable income: $3,838
• Est. tax owed @ 24.0%: −$921
• After-tax cash flow: $3,993/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: Chillicothe R-II
• NCES district ID: 2908760
• Math proficiency: 49% ▲ 4.00%
• Reading proficiency: 48% ▲ 4.00%
• Median HH income: $42,193
• Composite: 40.81/100
• National rank: #3637
• State rank: #60 of 324 in MO

Livability — Chillicothe

• Score: 67/100
• State rank: #225
• US rank: #10947

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chillicothe, MO
• Population (ZIP): 12,110

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 14,945 people
• By 2030: 14,945 · +0.0%
• By 2040: 15,010 · +0.4%
• By 2050: 15,105 · +1.1%
• By 2075: 15,950 · +6.7%
• By 2100: 15,897 · +6.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Black 3% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Italian 1% Romanian 1%
• Foreign-born: 1% · Canada

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+57.8) · D 20.7% · R 78.5%
• 2008→2024 swing: -34.0pp toward R · 2008: -23.8pp · 2024: -57.8pp
• All cycles: 2024: R+57.8 2020: R+57.1 2016: R+56.4 2012: R+34.7 2008: R+23.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.00%
• Current HPI: 177.3092
• Rent YoY: —
• Metro: —
• 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

+79.1% since first listed

5 events — show timeline

• 2026-04-28 Price Changed $79,700 NECAR
• 2026-02-20 Price Changed $84,700 NECAR
• 2025-10-22 Listed $89,700 NECAR
• 2013-03-29 Sold (MLS) — NECAR
• 2013-02-20 Listed $44,500 NECAR

Property tax history

-0.8%/yr

Latest (2025): $591 · +0.6% YoY. Source: county tax records.