306 Old Schaeffer Ln · O'Fallon, MO 63366

$275,000

3 bd · 2.5 ba · 1,522 sqft · SingleFamily public records · 18 Days on market

Built 1970 10,489 sqft lot Est $294k · 6% 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).

• Cash flow +13.6/30.0
• ARV discount +10.4/15.0
• Schools +5.1/10.0
• Rent growth +4.4/5.0
• DSCR +4.1/10.0
• 1% rule +3.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCTION ! BRING US YOUR OFFERS! Contracts due on Monday by6:00pm. Response time Tuesday at 6:00pm. The updating has started so you can finish to your liking. Split level home has some updates like newer bathrooms, new front door and insulated garage doors, and slider to back yard. 3 beds/2baths on main level with huge rec room and 1/2 bath below. Back yard has 3 sheds for all your storage w/1 shed having electric & heat. The 16x15 part of back patio has a footing on it to turn into 3 seasons addition if you like! Home has your own propane tank so you can purchase from whoever, or you can now hook up to Spires gas line. Parking is a breeze with huge driveway too! Come see all the possibilities before its gone!

Key facts

• 0.24 acre lot
• 2 garage spots
• Built 1970

Property features AI

Finance

• Other: Property type: Residential — single family; Other structures include equipment shed, additional sheds, storage and workshop; Seller may consider concessions
• HOA & community: No association fees

Exterior

• Parking: Attached oversized garage with 2 spaces
• Security: Fire alarm
• Utilities: Public water; Public sewer; Electric service (Ameren); Natural gas available; Propane available; Electricity, water and sewer connected
• Home design: Single-family residence; Multi/split levels; Updated/remodeled condition; Private ownership
• Construction: Brick and wood siding exterior; Architectural shingle roof; Concrete perimeter foundation; Basement: finished full basement with bathroom and 8+ ft pour
• Exterior features: Covered rear porch and patio; Porch; Entry steps/stairs; Storage areas; Fenced yard (full); Back yard with some trees; Level lot; Concrete road/driveway

Interior

• Kitchen: Stainless steel appliances; Dishwasher; Disposal; Gas range; Refrigerator; Water heater
• Bedrooms: 3 bedrooms on the main level; One en-suite bedroom
• Bathrooms: 2 full bathrooms on the main level; 1 half bathroom on the lower level
• Heating & cooling: Forced air heating (propane); Central air conditioning; Ceiling fans; Whole house fan; Electric cooling components
• Interior features: Breakfast bar; Ceiling fans; Open floor plan; Aluminum window frames; Window coverings and treatments; Fire alarm
• Laundry & utility: Laundry on the lower level

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $17 ($206/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 $230k (16.5% below list).
• Recommended offer: $230k (16.5% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.2% in O'Fallon — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Ft. Zumwalt R-II (suburban): math 54% / reading 60% proficiency, ranked #14 of 324 in MO (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Zoned schools: Westhoff Elem. (math 48% / reading 52%, grade D+, #280 of 1,115 statewide, top 25%, 545 students, 21% FRL); Ft. Zumwalt North High (math 49% / reading 58%, grade C-, #83 of 521 statewide, top 16%, 1,497 students, 18% FRL) — zoned schools at 19% FRL track the district average.
• Market conditions: Rents rising fast (+7.4%/yr); 260 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,021 units permitted in St. Charles County in 2024 (568 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• St. Charles County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.
• Current owner paid $202k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $229,546 (16.5% below list)

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 6.37%
• Cash-on-cash: 0.27%
• DSCR: 1.01
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $293,746
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1129 Danielle Elizabeth Ct	0.42mi	3/2.0	1,486 (-2%)	8mo	$275,000	$185	68
201 Old Schaeffer Ln	0.12mi	3/3.5	1,714 (+13%)	2mo	$275,000	$160	68
1130 Saint Paul Ln	0.38mi	3/2.0	1,424 (-6%)	4mo	$230,000	$162	66
409 Dames Park Dr	0.35mi	2/2.0 (-1)	1,583 (+4%)	7mo	$325,000	$205	64
1110 N Boxwood Ln	0.30mi	3/2.0	1,360 (-11%)	5mo	$275,000	$202	62
6 S Boxwood Ln	0.37mi	3/2.0	1,670 (+10%)	3mo	$264,000	$158	62
1107 Patsy Ln	0.27mi	3/2.0	1,360 (-11%)	8mo	$275,000	$202	61
31 Piepers Glen Ct	0.62mi	2/2.0 (-1)	1,490 (-2%)	2mo	$309,900	$208	59
807 Homerun Dr	0.57mi	3/2.0	1,628 (+7%)	6mo	$314,900	$193	55
107 Roxbury Dr	0.54mi	3/2.5	1,371 (-10%)	8mo	$270,000	$197	51
103 Roxbury Dr	0.53mi	2/2.5 (-1)	1,370 (-10%)	8mo	$248,500	$181	47
139 Roxbury Dr	0.63mi	3/3.0	1,737 (+14%)	6mo	$285,000	$164	40

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 · 7.43% rent growth · sell at horizon

5-year hold

• IRR: -11.3%
• Equity multiple: 0.57×
• Total profit: $-32,807
• Equity at exit: $41,003

10-year hold

• IRR: 3.2%
• Equity multiple: 1.27×
• Total profit: $20,788
• Equity at exit: $23,777

Cash invested: $77,000 (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 63366

• Rents YoY: 7.4%
• Active inventory: 260
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,295 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$240 /mo · $2,874/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $17

Break-even live

Break-even rent $2,274

Max offer price $275,000

Occupancy floor 94%

Sensitivity live

Price	-10% $173	-5% $95	+0% $17	+5% $-61	+10% $-138
Rent	-10% $-164	-5% $-73	+0% $17	+5% $108	+10% $199
Rate	-1.0pp $156	-0.5pp $87	base $17	+0.5pp $-54	+1.0pp $-127

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
229 Old Schaeffer Ln Unit O O'Fallon, MO	2.0	2.0	1202	$2,350	$1.96	14d	1	0.05mi
1606 Homefield Meadows Dr O Fallon, MO	2.0	2.0	1124	$1,692	$1.51	0d	1	1.04mi

Listing history 13 events

1. 2026-06-02
   status $275,000 Pending 18 DOM
2. 2026-06-01
   days on market $275,000 Active Under Contract 18 DOM
3. 2026-05-31
   days on market $275,000 Active Under Contract 17 DOM
4. 2026-05-18
   historical Active Under Contract
5. 2026-05-15
   listed $275,000 Active
6. 2026-05-11
   historical $275,000
7. 2022-05-23
   soldstatus $201,500
8. 2022-05-17
   soldstatus Closed 730-char remark

   Show marketing remark (730 chars)

   PRICE REDUCTION ! BRING US YOUR OFFERS! Contracts due on Monday by6:00pm. Response time Tuesday at 6:00pm. The updating has started so you can finish to your liking. Split level home has some updates like newer bathrooms, new front door and insulated garage doors, and slider to back yard. 3 beds/2baths on main level with huge rec room and 1/2 bath below. Back yard has 3 sheds for all your storage w/1 shed having electric & heat. The 16x15 part of back patio has a footing on it to turn into 3 seasons addition if you like! Home has your own propane tank so you can purchase from whoever, or you can now hook up to Spires gas line. Parking is a breeze with huge driveway too! Come see all the possibilities before its gone!

9. 2022-04-26
   status Pending 730-char remark

   Show marketing remark (730 chars)

   PRICE REDUCTION ! BRING US YOUR OFFERS! Contracts due on Monday by6:00pm. Response time Tuesday at 6:00pm. The updating has started so you can finish to your liking. Split level home has some updates like newer bathrooms, new front door and insulated garage doors, and slider to back yard. 3 beds/2baths on main level with huge rec room and 1/2 bath below. Back yard has 3 sheds for all your storage w/1 shed having electric & heat. The 16x15 part of back patio has a footing on it to turn into 3 seasons addition if you like! Home has your own propane tank so you can purchase from whoever, or you can now hook up to Spires gas line. Parking is a breeze with huge driveway too! Come see all the possibilities before its gone!

10. 2022-04-24
    price $200,000 730-char remark

    Show marketing remark (730 chars)

    PRICE REDUCTION ! BRING US YOUR OFFERS! Contracts due on Monday by6:00pm. Response time Tuesday at 6:00pm. The updating has started so you can finish to your liking. Split level home has some updates like newer bathrooms, new front door and insulated garage doors, and slider to back yard. 3 beds/2baths on main level with huge rec room and 1/2 bath below. Back yard has 3 sheds for all your storage w/1 shed having electric & heat. The 16x15 part of back patio has a footing on it to turn into 3 seasons addition if you like! Home has your own propane tank so you can purchase from whoever, or you can now hook up to Spires gas line. Parking is a breeze with huge driveway too! Come see all the possibilities before its gone!

11. 2022-04-20
    listed $220,000 Active 730-char remark

    Show marketing remark (730 chars)

    PRICE REDUCTION ! BRING US YOUR OFFERS! Contracts due on Monday by6:00pm. Response time Tuesday at 6:00pm. The updating has started so you can finish to your liking. Split level home has some updates like newer bathrooms, new front door and insulated garage doors, and slider to back yard. 3 beds/2baths on main level with huge rec room and 1/2 bath below. Back yard has 3 sheds for all your storage w/1 shed having electric & heat. The 16x15 part of back patio has a footing on it to turn into 3 seasons addition if you like! Home has your own propane tank so you can purchase from whoever, or you can now hook up to Spires gas line. Parking is a breeze with huge driveway too! Come see all the possibilities before its gone!

12. 1990-06-01
    soldstatus $66,000
13. 1988-08-01
    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: $2,874 · $240/mo
• Projected year-2 tax: $2,874 · $240/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 · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $27,546
• − Mortgage interest: −$15,404
• − Property taxes: −$2,874
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,204
• − Management: −$2,204
• − Depreciation: −$8,000
• Taxable loss: −$4,515
• Est. tax savings @ 24.0%: +$1,084
• After-tax cash flow: $1,290/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: Ft. Zumwalt R-II
• NCES district ID: 2908370
• Math proficiency: 54% ▼ -7.00%
• Reading proficiency: 60% ▼ -4.00%
• Median HH income: $75,817
• Composite: 51.04/100
• National rank: #1772
• State rank: #14 of 324 in MO

Livability — O'Fallon

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: O'Fallon, MO
• County: Saint Charles County · 399,703 people
• City population: 45,862
• Metro: St. Louis, MO-IL
• Population (ZIP): 54,769
• Household income: $100,621
• Rent vs Own: 17.9% rent · 82.1% own
• Severe rent burden: 869.0

Population outlook (St. Charles County) Hauer SSP2

• Today (2025): 437,857 people
• By 2030: 461,707 · +5.4%
• By 2040: 503,222 · +14.9%
• By 2050: 534,684 · +22.1%
• By 2075: 597,047 · +36.4%
• By 2100: 609,682 · +39.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 8% Hispanic / Latino 6% Black 5% Asian 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 3% Romanian 3% Italian 3%
• Foreign-born: 5% · Canada, Vietnam, South Korea
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% Other Asian/Pacific 1%

Political lean MEDSL · St. Charles

• 2024 margin: R (+17.0) · D 40.8% · R 57.8% · Other 1.4%
• 2008→2024 swing: -7.2pp toward R · 2008: -9.7pp · 2024: -17.0pp
• All cycles: 2024: R+17.0 2020: R+17.5 2016: R+26.4 2012: R+21.0 2008: R+9.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -219.79%
• Current HPI: 226.7579
• Rent YoY: ▲ 7.43%
• 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

+316.7% since first listed

10 events — show timeline

• 2026-05-18 Contingent — MARIS as Distributed by MLS Grid
• 2026-05-15 Listed $275,000 MARIS as Distributed by MLS Grid
• 2026-05-11 Coming Soon $275,000 MARIS as Distributed by MLS Grid
• 2022-05-23 Sold (Public Records) $201,500 Public Records
• 2022-05-17 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2022-04-26 Pending — MARIS as Distributed by MLS Grid
• 2022-04-24 Price Changed $200,000 MARIS as Distributed by MLS Grid
• 2022-04-20 Listed $220,000 MARIS as Distributed by MLS Grid
• 1990-06-01 Sold (Public Records) $66,000 Public Records
• 1988-08-01 Sold (Public Records) — Public Records

Property tax history

+5.7%/yr

Latest (2025): $2,874 · +7.9% YoY. Source: county tax records.