755 Zeiss Ave · Lemay, MO 63125

$139,900

2 bd · 2.0 ba · 1,038 sqft · SingleFamily public records · 79 Days on market

Built 1948 6,525 sqft lot $135/sqft · 26% below area Est $188k · 26% under ↓ 15% since listing

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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 +15.3/30.0
• ARV discount +15.0/15.0
• DSCR +4.7/10.0
• 1% rule +4.2/10.0
• Livability +3.4/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special in the heart of Lemay within the Bayless School District! 755 Zeiss presents a strong value-add opportunity for investors, flippers, or buy-and-hold landlords looking to capitalize on a solid rental market. This 3 bed, 2 bath home offers over 1,000 sq ft of living space with a functional layout and sits on a spacious lot with a detached garage, parking pad in the back and as well as a driveway! Property is in need of renovation but offers great upside! Ideal for a fix-and-flip, bring your vision and unlock the full potential of this property. Conveniently located near major highways, shopping, and amenities, making it attractive for future tenants or buyers. Don’t miss this opportunity to add a cash-flowing asset or your next project to your portfolio!

Key facts

• Driveway
• Spacious lot
• Parking pad

Tags

• BAYLESS SCHOOL DISTRICT
• SPACIOUS LOT
• DETACHED GARAGE
• PARKING PAD
• DRIVEWAY
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $51 ($613/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $128k (8.2% below list).
• Recommended offer: $128k (8.2% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 5.3% in Lemay — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 67/100 on livability (#213 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety C-, schools D+.
• Bayless (suburban): math 28% / reading 42% proficiency, ranked #206 of 324 in MO (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 146 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1948 — 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 $128,405 (8.2% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.92% ✗
• Cap rate: 6.73%
• Cash-on-cash: 1.57%
• DSCR: 1.07
• GRM: 9.1

CMA / ARV

• ARV (median comp): $187,800
• List price: $139,900
• Delta: -25.51%
• 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
773 Reed Ave	0.08mi	2/1.0	1,036 (-0%)	1mo	$210,000	$203	91
705 Bellavilla Dr	0.24mi	2/1.0	1,056 (+2%)	1mo	$205,000	$194	81
704 Dallas Dr	0.19mi	1/1.0 (-1)	999 (-4%)	2mo	$180,000	$180	74
715 Avenue H	0.26mi	3/2.5 (+1)	1,000 (-4%)	1mo	$185,000	$185	74
4107 Hummingbird Ct	0.65mi	2/2.0	1,026 (-1%)	2mo	$280,000	$273	66
920 Wachtel Ave	0.49mi	3/2.0 (+1)	1,090 (+5%)	0mo	$224,900	$206	64
4019 Greenmeadows Dr	0.67mi	3/2.5 (+1)	1,040 (+0%)	0mo	$260,000	$250	61
4119 Diebold Ct	0.71mi	3/1.5 (+1)	1,080 (+4%)	2mo	$160,000	$148	51
939 Erskine Ave	0.45mi	2/1.0	894 (-14%)	3mo	$155,000	$173	50
9604 Gentry Ave	0.73mi	2/1.0	916 (-12%)	2mo	$69,900	$76	41
1036 Wachtel Ave	0.56mi	3/1.0 (+1)	888 (-14%)	2mo	$174,900	$197	39
1402 Dammert Ave	0.72mi	3/1.0 (+1)	912 (-12%)	1mo	$209,900	$230	36

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.8%
• Equity multiple: 0.50×
• Total profit: $-19,397
• Equity at exit: $20,860

10-year hold

• IRR: -4.9%
• Equity multiple: 0.68×
• Total profit: $-12,629
• Equity at exit: $12,096

Cash invested: $39,172 (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 63125

• Active inventory: 146
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,284 high
• Mortgage (P&I): −$734
• Tax from tax record: −$171 /mo · $2,056/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $51

Break-even live

Break-even rent $1,219

Max offer price $139,900

Occupancy floor 91%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
709 Dammert Ave Unit Labs St. Louis, MO	2.0	1.5	800	$1,100	$1.38	44d	1	0.49mi
349 Lagro Ave Saint Louis, MO	3.0	1.0	1184	$1,500	$1.27	44d	1	0.52mi
4236 Fatima Dr Apt 4 St. Louis, MO	1.0	1.0	800	$925	$1.16	11d	1	0.59mi
336 Lagro Ave Saint Louis, MO	2.0	2.0	1340	$1,250	$0.93	44d	1	0.59mi
304 Bayless Ave Saint Louis, MO	3.0	1.0	1104	$1,950	$1.77	2d	1	0.59mi
229 Horn Ave Saint Louis, MO	2.0	1.5	1301	$1,871	$1.44	2d	1	0.65mi
207 Waller Ave Saint Louis, MO	2.0	1.0	900	$1,075	$1.19	24d	1	0.68mi
152 W Etta Ave Saint Louis, MO	2.0	1.0	936	$1,274	$1.36	8d	1	0.79mi
8511 Idaho Ave Unit 1st Floor St. Louis, MO	1.0	1.0	750	$850	$1.13	12d	1	0.80mi
4610 Heege Rd Saint Louis, MO	3.0	1.5	1205	$1,485	$1.23	16d	1	0.93mi
127 E Holden Ave Saint Louis, MO	2.0	1.0	1044	$1,200	$1.15	44d	1	1.00mi
3945 Crosby Dr Saint Louis, MO	2.0	1.0	1100	$2,083	$1.89	2d	1	1.06mi
9809 S Broadway Saint Louis, MO	1.0	1.0	1288	$1,450	$1.13	44d	1	1.12mi
8125 Michigan Ave St. Louis, MO	1.0–2.0	1.0–2.0	797	$1,150	$1.44	15d	1	1.16mi
7851 Bandero Dr Saint Louis, MO	1.0–2.0	1.0	800	$1,100	$1.38	12d	1	1.16mi
8215 Pennsylvania Ave Saint Louis, MO	1.0	2.0	1252	$1,650	$1.32	17d	1	1.18mi
7924 Michigan Ave Unit 2F St. Louis, MO	3.0	2.0	1250	$1,195	$0.96	3d	1	1.26mi
812 Schirmer St Saint Louis, MO	1.0	1.0	900	$795	$0.88	44d	1	1.27mi
4101 Germania Ave Apt 1A St. Louis, MO	1.0	1.0	800	$925	$1.16	15d	1	1.30mi
9954 Meadow Ave Saint Louis, MO	2.0	1.0	1100	$1,050	$0.95	4d	1	1.31mi
4117 Germania St Saint Louis, MO	1.0	1.0	750	$925	$1.23	44d	1	1.32mi
815 W Courtois St St. Louis, MO	1.0	1.0	900	$795	$0.88	15d	1	1.33mi
813 W Courtois St Apt C St. Louis, MO	2.0	1.0	1000	$895	$0.90	44d	1	1.33mi
807 W Courtois St Apt D St. Louis, MO	2.0	1.0	900	$925	$1.03	44d	1	1.33mi
9964 Meadow Ave Saint Louis, MO	1.0	1.0	950	$775	$0.82	8d	1	1.35mi
7500 Morganford Rd Saint Louis, MO	1.0	1.0	750	$925	$1.23	44d	1	1.36mi
1908 Via Veneto Dr St. Louis, MO	1.0–2.0	1.0	800	$1,021	$1.28	2d	3	1.36mi
7428 Morganford Rd Saint Louis, MO	2.0	1.0	969	$1,500	$1.55	44d	1	1.42mi
7614 Virginia Ave Unit 7614 St. Louis, MO	2.0	1.0	750	$750	$1.00	24d	1	1.42mi
4831 Oldenburg Ave Affton, MO	2.0	1.0	775	$1,110	$1.43	12d	1	1.44mi

Listing history 16 events

1. 2026-06-18
   days on market $139,900 Active 79 DOM
2. 2026-06-17
   days on market $139,900 Active 78 DOM
3. 2026-06-16
   days on market $139,900 Active 77 DOM
4. 2026-06-15
   days on market $139,900 Active 76 DOM
5. 2026-06-13
   days on market $139,900 Active 74 DOM
6. 2026-06-09
   days on market $139,900 Active 70 DOM
7. 2026-06-08
   days on market $139,900 Active 69 DOM
8. 2026-06-07
   days on market $139,900 Active 68 DOM
9. 2026-06-03
   days on market $139,900 Active 64 DOM
10. 2026-06-02
    days on market $139,900 Active 63 DOM
11. 2026-06-01
    days on market $139,900 Active 62 DOM
12. 2026-05-31
    days on market $139,900 Active 61 DOM
13. 2026-05-14
    price $139,900 790-char remark

    Show marketing remark (790 chars)

    Investor special in the heart of Lemay within the Bayless School District! 755 Zeiss presents a strong value-add opportunity for investors, flippers, or buy-and-hold landlords looking to capitalize on a solid rental market. This 3 bed, 2 bath home offers over 1,000 sq ft of living space with a functional layout and sits on a spacious lot with a detached garage, parking pad in the back and as well as a driveway! Property is in need of renovation but offers great upside! Ideal for a fix-and-flip, bring your vision and unlock the full potential of this property. Conveniently located near major highways, shopping, and amenities, making it attractive for future tenants or buyers. Don’t miss this opportunity to add a cash-flowing asset or your next project to your portfolio!

14. 2026-04-22
    price $149,900 790-char remark

    Show marketing remark (790 chars)

    Investor special in the heart of Lemay within the Bayless School District! 755 Zeiss presents a strong value-add opportunity for investors, flippers, or buy-and-hold landlords looking to capitalize on a solid rental market. This 3 bed, 2 bath home offers over 1,000 sq ft of living space with a functional layout and sits on a spacious lot with a detached garage, parking pad in the back and as well as a driveway! Property is in need of renovation but offers great upside! Ideal for a fix-and-flip, bring your vision and unlock the full potential of this property. Conveniently located near major highways, shopping, and amenities, making it attractive for future tenants or buyers. Don’t miss this opportunity to add a cash-flowing asset or your next project to your portfolio!

15. 2026-03-31
    listed $164,900 Active 790-char remark

    Show marketing remark (790 chars)

    Investor special in the heart of Lemay within the Bayless School District! 755 Zeiss presents a strong value-add opportunity for investors, flippers, or buy-and-hold landlords looking to capitalize on a solid rental market. This 3 bed, 2 bath home offers over 1,000 sq ft of living space with a functional layout and sits on a spacious lot with a detached garage, parking pad in the back and as well as a driveway! Property is in need of renovation but offers great upside! Ideal for a fix-and-flip, bring your vision and unlock the full potential of this property. Conveniently located near major highways, shopping, and amenities, making it attractive for future tenants or buyers. Don’t miss this opportunity to add a cash-flowing asset or your next project to your portfolio!

16. 1989-10-01
    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: $2,056 · $171/mo
• Projected year-2 tax: $2,056 · $171/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 ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,409
• − Mortgage interest: −$7,837
• − Property taxes: −$2,056
• − Insurance: −$700
• − Repairs & maintenance: −$1,233
• − Management: −$1,233
• − Depreciation: −$4,070
• Taxable loss: −$1,719
• Est. tax savings @ 24.0%: +$413
• After-tax cash flow: $1,026/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: Bayless
• NCES district ID: 2904500
• Math proficiency: 28% ▼ -15.00%
• Reading proficiency: 42% ▼ -8.00%
• Median HH income: $49,378
• Composite: 30.24/100
• National rank: #6293
• State rank: #206 of 324 in MO

Livability — Lemay

• Score: 67/100
• State rank: #213
• US rank: #10652

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lemay, MO
• County: Saint Louis County · 888,823 people
• City population: 33,294
• Metro: St. Louis, MO-IL
• Population (ZIP): 33,294
• Household income: $61,624
• Rent vs Own: 27.8% rent · 72.2% own
• Severe rent burden: 631.0

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 White (86%)
• Race & ethnicity: White 86% Two or more races 5% Black 4% Hispanic / Latino 4% Asian 2%
• Common ancestry: American 9% Romanian 3% Lithuanian 3%
• Foreign-born: 14% · Canada, Vietnam
• Languages at home: 83% English-only · Russian/Polish/Slavic 11% Spanish 3% Vietnamese 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: ▼ -173.27%
• Current HPI: 234.3792
• Rent YoY: —
• 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

-15.2% since first listed

4 events — show timeline

• 2026-05-14 Price Changed $139,900 MARIS as Distributed by MLS Grid
• 2026-04-22 Price Changed $149,900 MARIS as Distributed by MLS Grid
• 2026-03-31 Listed $164,900 MARIS as Distributed by MLS Grid
• 1989-10-01 Sold (Public Records) — Public Records

Property tax history

+3.0%/yr

Latest (2022): $2,056 · +1.6% YoY. Source: county tax records.