4314 N Morgan Ct · Ozark, MO 65721

$352,000

4 bd · 4.0 ba · 2,136 sqft · MultiFamily public records · 38 Days on market

Built 1998 9,583 sqft lot $165/sqft · 7% below area Est $378k · 7% under

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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).

• ARV discount +10.6/15.0
• Cash flow +10.1/30.0
• Schools +5.2/10.0
• Rent growth +3.8/5.0
• Livability +3.6/5.0
• DSCR +2.9/10.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Investor opportunity in Ozark. This duplex in Jo Lin Manor offers a total of 4 bedrooms, 4 bathrooms, 2,136 square feet, 4 garage spaces, and sits on a . 24-acre lot. With tenants already in place and monthly rental income coming in, this is a strong option for anyone looking to add an income-producing property to their portfolio. Each side features a 2-bedroom, 2-bath, 2-car-garage layout, giving both units a practical setup with comfortable everyday living space. The floor plans offer a solid mix of function and convenience, with attached garage parking that adds everyday value for occupants. Several of the bigger updates have already been handled. The roof was replaced in 2024, and both units were remodeled in 2022 and 2023. That recent improvement history helps take some of the guesswork out of ownership and gives the property a more updated feel overall. The location adds to the appeal, with close access to schools, shopping, and restaurants while still being tucked into an established Ozark neighborhood. If you have been looking for a duplex with current income and recent improvements already in place, this one is worth a closer look. Schedule your showing today.

Key facts

• 9,583 sq ft lot
• 4 garage spots
• Built 1998

Tags

• DUPLEX IN JO LIN MANOR
• ATTACHED GARAGE PARKING
• RECENT IMPROVEMENT HISTORY
• CLOSE ACCESS TO SCHOOLS
• CLOSE ACCESS TO SHOPPING
• CLOSE ACCESS TO RESTAURANTS

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/2.0-bath units multifamily listed at $352k.

Deal economics

• At list price, monthly cash flow is $-206 ($-2k/yr) — negative. Per door: $-103/mo.
• To cash-flow at today's rent, offer at most $316k (10.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (29.3% below list).
• Recommended offer: $249k (29.3% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 2.8% in Ozark — 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 72/100 on livability (#94 in MO) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Ozark R-VI (rural): math 60% / reading 62% proficiency, ranked #10 of 324 in MO (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Ozark High (math 47% / reading 64%, grade C, #64 of 521 statewide, top 12%, 1,838 students, 33% FRL) — zoned schools at 33% FRL track the district average.
• Market conditions: Rents rising fast (+5.3%/yr); 381 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 537 units permitted in Christian County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($78k/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 $2k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Christian County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($341k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $249,000 (29.3% 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 38 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.71% ✗
• Cap rate: 5.59%
• Cash-on-cash: -2.50%
• DSCR: 0.89
• GRM: 11.8

CMA / ARV

• ARV (median comp): $377,954
• List price: $352,000
• Delta: -6.87%
• Verdict: FAIR
• Comps: 9 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4314 N Morgan Ct	0.00mi	4/4.0	2,136 (0%)	1mo	$352,000	$165	99

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 · 5.34% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.35×
• Total profit: $-64,258
• Equity at exit: $52,484

10-year hold

• IRR: -6.9%
• Equity multiple: 0.52×
• Total profit: $-47,487
• Equity at exit: $30,435

Cash invested: $98,560 (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 65721

• Rents YoY: 5.3%
• Active inventory: 381
• Price-to-rent: 23.6×

Monthly cashflow live

• Estimated rent: $2,490 high
• Mortgage (P&I): −$1,846
• Tax from tax record: −$180 /mo · $2,162/yr
• Insurance: −$147
• HOA: −$0
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $-206

Break-even live

Break-even rent $2,750

Max offer price $315,676

Occupancy floor —

Sensitivity live

Price	-10% $-6	-5% $-106	+0% $-206	+5% $-305	+10% $-405
Rent	-10% $-402	-5% $-304	+0% $-206	+5% $-107	+10% $-9
Rate	-1.0pp $-28	-0.5pp $-116	base $-206	+0.5pp $-297	+1.0pp $-390

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	2	$2,490
Total (2 units)			$2,490

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: $88,000
• Closing costs: $10,560
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5118 N Graybrooke Dr Ozark, MO	4.0	3.0	2666	$2,550	$0.96	23d	1	0.50mi
5709 N 12th Ave Ozark, MO	3.0	2.0	1465	$1,795	$1.23	45d	1	1.47mi
2311 W Deerbrooke Trl Unit 2311 Ozark, MO	3.0	2.0	1500	$1,500	$1.00	25d	1	1.48mi

Listing history 5 events

1. 2026-05-04
   status Pending 1187-char remark

   Show marketing remark (1187 chars)

   Investor opportunity in Ozark. This duplex in Jo Lin Manor offers a total of 4 bedrooms, 4 bathrooms, 2,136 square feet, 4 garage spaces, and sits on a . 24-acre lot. With tenants already in place and monthly rental income coming in, this is a strong option for anyone looking to add an income-producing property to their portfolio. Each side features a 2-bedroom, 2-bath, 2-car-garage layout, giving both units a practical setup with comfortable everyday living space. The floor plans offer a solid mix of function and convenience, with attached garage parking that adds everyday value for occupants. Several of the bigger updates have already been handled. The roof was replaced in 2024, and both units were remodeled in 2022 and 2023. That recent improvement history helps take some of the guesswork out of ownership and gives the property a more updated feel overall. The location adds to the appeal, with close access to schools, shopping, and restaurants while still being tucked into an established Ozark neighborhood. If you have been looking for a duplex with current income and recent improvements already in place, this one is worth a closer look. Schedule your showing today.

2. 2026-03-27
   listed $352,000 Active 1187-char remark

   Show marketing remark (1187 chars)

   Investor opportunity in Ozark. This duplex in Jo Lin Manor offers a total of 4 bedrooms, 4 bathrooms, 2,136 square feet, 4 garage spaces, and sits on a . 24-acre lot. With tenants already in place and monthly rental income coming in, this is a strong option for anyone looking to add an income-producing property to their portfolio. Each side features a 2-bedroom, 2-bath, 2-car-garage layout, giving both units a practical setup with comfortable everyday living space. The floor plans offer a solid mix of function and convenience, with attached garage parking that adds everyday value for occupants. Several of the bigger updates have already been handled. The roof was replaced in 2024, and both units were remodeled in 2022 and 2023. That recent improvement history helps take some of the guesswork out of ownership and gives the property a more updated feel overall. The location adds to the appeal, with close access to schools, shopping, and restaurants while still being tucked into an established Ozark neighborhood. If you have been looking for a duplex with current income and recent improvements already in place, this one is worth a closer look. Schedule your showing today.

3. 2025-07-28
   historical $1,300
4. 2025-06-24
   listed $1,300
5. 1998-04-01
   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: $2,162 · $180/mo
• Projected year-2 tax: $3,414 · $285/mo
• Expected delta: +$1,253/yr (+$104/mo · 58.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,880
• − Mortgage interest: −$19,717
• − Property taxes: −$2,162
• − Insurance: −$1,760
• − Repairs & maintenance: −$2,390
• − Management: −$2,390
• − Depreciation: −$10,240
• Taxable loss: −$8,780
• Est. tax savings @ 24.0%: +$2,107
• After-tax cash flow: $-360/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: Ozark R-VI
• NCES district ID: 2923430
• Math proficiency: 60% ▼ -1.00%
• Reading proficiency: 62% ▼ -3.00%
• Median HH income: $54,408
• Composite: 52.33/100
• National rank: #1590
• State rank: #10 of 324 in MO

Livability — Ozark

• Score: 72/100
• State rank: #94
• US rank: #6242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ozark, MO
• County: Christian County · 70,465 people
• City population: 33,452
• Metro: Springfield, MO
• Population (ZIP): 33,452
• Household income: $77,507
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 673.0

Population outlook (Christian County) Hauer SSP2

• Today (2025): 95,071 people
• By 2030: 100,379 · +5.6%
• By 2040: 109,902 · +15.6%
• By 2050: 117,487 · +23.6%
• By 2075: 130,738 · +37.5%
• By 2100: 131,730 · +38.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Italian 3% Slovak 2% Portuguese 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Christian

• 2024 margin: Solid R (+52.2) · D 23.3% · R 75.6% · Other 1.1%
• 2008→2024 swing: -16.4pp toward R · 2008: -35.8pp · 2024: -52.2pp
• All cycles: 2024: R+52.2 2020: R+50.8 2016: R+54.2 2012: R+46.5 2008: R+35.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -103.28%
• Current HPI: 188.699
• Rent YoY: ▲ 5.34%
• Metro: Springfield, MO
• 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

+26976.9% since first listed

5 events — show timeline

• 2026-05-04 Pending — SOMO
• 2026-03-27 Listed $352,000 SOMO
• 2025-07-28 Rental Removed $1,300 APPFOLIO
• 2025-06-24 Listed for Rent $1,300 APPFOLIO
• 1998-04-01 Sold (Public Records) — Public Records

Property tax history

+3.2%/yr

Latest (2025): $2,162 · +5.2% YoY. Source: county tax records.