304 N Anderson Ave · Gideon, MO 63848

$69,900

3 bd · 1.0 ba · 2,145 sqft · Other public records · 56 Days on market

Built 1942 $33/sqft · 41% below area Est $60k · 17% over ↓ 7% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.0/10.0
• Livability +2.9/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

This affordable home was completely updated three years ago. Here are a few of the recent updates: new water heater, new dishwasher, and new flooring. This charming 3-bedroom home has one full bathroom, spacious laundry room, and a partially fenced yard. This home is low maintenance, updated, and priced to move.

Key facts

• New flooring
• New water heater
• New dishwasher

Tags

• NEW WATER HEATER
• NEW DISHWASHER
• NEW FLOORING
• PARTIALLY FENCED YARD
• SPACIOUS LAUNDRY ROOM

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Parking: Carport with space for 1 vehicle
• Utilities: Community water; Public sewer; Electric service by Ameren; Natural gas available
• Home design: Single-family residence; One level
• Construction: Vinyl siding
• Exterior features: City lot

Interior

• Bedrooms: 3 bedrooms (all on the main level)
• Bathrooms: 1 full bathroom (on the main level)
• Heating & cooling: Natural gas heating; Wall/window unit air conditioning
• Interior features: Natural gas heating; Wall/window air conditioning units

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $70k.

Deal economics

• At list price, monthly cash flow is $448 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $68k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 57/100 on livability (#654 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
• Gideon 37 (rural): math 25% / reading 35% proficiency, ranked #469 of 535 in MO (top 88%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gideon Elem. (math 32% / reading 42%, grade F, #611 of 1,115 statewide, top 59%, 114 students, 97% FRL); Gideon High (math 22% / reading 32%, grade F, #420 of 521 statewide, top 82%, 101 students, 97% FRL) — zoned schools average 97% FRL vs 52% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 8 active listings in the ZIP; 11 units permitted in New Madrid County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($483 loan paydown + $2k appreciation (3.0% local appreciation)).
• New Madrid County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1942 — 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 $67,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
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: 1.64% ✓
• Cap rate: 13.99%
• Cash-on-cash: 27.50%
• DSCR: 2.22
• GRM: 5.1

CMA / ARV

• ARV (median comp): $59,588
• List price: $69,900
• Delta: 17.31%
• Verdict: OVERPRICED
• Comps: 8 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 33.5%
• Equity multiple: 2.89×
• Total profit: $36,988
• Equity at exit: $31,430

10-year hold

• IRR: 33.7%
• Equity multiple: 5.68×
• Total profit: $91,655
• Equity at exit: $48,437

Cash invested: $19,572 (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 63848

• Active inventory: 8
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,149 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$63 /mo · $762/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$241
• Net cashflow: $448

Break-even live

Break-even rent $581

Max offer price $69,900

Occupancy floor 56%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $69,900 Active 56 DOM
2. 2026-06-17
   days on market $69,900 Active 55 DOM
3. 2026-06-16
   days on market $69,900 Active 54 DOM
4. 2026-06-15
   days on market $69,900 Active 53 DOM
5. 2026-06-13
   days on market $69,900 Active 51 DOM
6. 2026-06-12
   days on market $69,900 Active 50 DOM
7. 2026-06-09
   days on market $69,900 Active 47 DOM
8. 2026-06-08
   days on market $69,900 Active 46 DOM
9. 2026-06-07
   days on market $69,900 Active 45 DOM
10. 2026-06-07
    days on market $69,900 Active 44 DOM
11. 2026-06-04
    days on market $69,900 Active 41 DOM
12. 2026-06-02
    days on market $69,900 Active 40 DOM
13. 2026-06-01
    days on market $69,900 Active 39 DOM
14. 2026-05-31
    days on market $69,900 Active 38 DOM
15. 2026-05-06
    listed $74,900 Active 313-char remark

    Show marketing remark (313 chars)

    This affordable home was completely updated three years ago. Here are a few of the recent updates: new water heater, new dishwasher, and new flooring. This charming 3-bedroom home has one full bathroom, spacious laundry room, and a partially fenced yard. This home is low maintenance, updated, and priced to move.

16. 2026-04-23
    listed $74,900 Active 316-char remark

    Show marketing remark (313 chars)

    This affordable home was completely updated three years ago. Here are a few of the recent updates: new water heater, new dishwasher, and new flooring. This charming 3-bedroom home has one full bathroom, spacious laundry room, and a partially fenced yard. This home is low maintenance, updated, and priced to move.

17. 2026-04-23
    historical $74,900 316-char remark

    Show marketing remark (313 chars)

    This affordable home was completely updated three years ago. Here are a few of the recent updates: new water heater, new dishwasher, and new flooring. This charming 3-bedroom home has one full bathroom, spacious laundry room, and a partially fenced yard. This home is low maintenance, updated, and priced to move.

18. 2026-04-23
    listed $74,900 New Listing

    Show marketing remark (313 chars)

    This affordable home was completely updated three years ago. Here are a few of the recent updates: new water heater, new dishwasher, and new flooring. This charming 3-bedroom home has one full bathroom, spacious laundry room, and a partially fenced yard. This home is low maintenance, updated, and priced to move.

ⓘ 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: $762 · $63/mo
• Projected year-2 tax: $762 · $63/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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 7% 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: $13,787
• − Mortgage interest: −$3,915
• − Property taxes: −$762
• − Insurance: −$350
• − Repairs & maintenance: −$1,103
• − Management: −$1,103
• − Depreciation: −$2,033
• Taxable income: $4,521
• Est. tax owed @ 24.0%: −$1,085
• After-tax cash flow: $4,297/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: Gideon 37
• NCES district ID: 2912780
• Math proficiency: 25% ▼ -15.00%
• Reading proficiency: 35% ▬ 0.00%
• Median HH income: $32,669
• Composite: 27.36/100
• National rank: #12407
• State rank: #469 of 535 in MO

Livability — Gideon

• Score: 57/100
• State rank: #654
• US rank: #22041

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gideon, MO
• Population (ZIP): 1,058

Population outlook (New Madrid County) Hauer SSP2

• Today (2025): 16,712 people
• By 2030: 15,845 · -5.2%
• By 2040: 14,152 · -15.3%
• By 2050: 12,604 · -24.6%
• By 2075: 9,478 · -43.3%
• By 2100: 7,157 · -57.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 10% Hispanic / Latino 3%
• Common ancestry: Iranian 3% Scandinavian 2% Slovak 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · New Madrid

• 2024 margin: Solid R (+53.5) · D 22.9% · R 76.4%
• 2008→2024 swing: -38.4pp toward R · 2008: -15.1pp · 2024: -53.5pp
• All cycles: 2024: R+53.5 2020: R+51.0 2016: R+45.4 2012: R+20.3 2008: R+15.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-6.7% since first listed

7 events — show timeline

• 2026-05-28 Price Changed $69,900 CARMLS
• 2026-05-27 Price Changed $69,900 NEABOR MLS
• 2026-05-27 Price Changed $69,900 MARIS as Distributed by MLS Grid
• 2026-05-06 Listed $74,900 NEABOR MLS
• 2026-04-23 Listed $74,900 MARIS as Distributed by MLS Grid
• 2026-04-23 Coming Soon $74,900 MARIS as Distributed by MLS Grid
• 2026-04-23 Listed $74,900 CARMLS

Property tax history

+4.1%/yr

Latest (2025): $762 · +8.5% YoY. Source: county tax records.