17187 Edgewood Rd · Winona, MO 65588

$63,900

3 bd · 1.0 ba · 1,440 sqft · Other public records · 58 Days on market

Built 1975 0.96 ac lot $44/sqft · 33% below area Est $95k · 33% under

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Why this score? — see what drove the A- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +7.9/10.0
• Schools +3.5/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Discover the potential in this 3-bedroom, 1-bathroom fixer-upper located in a quiet, low-traffic neighborhood in Winona, Missouri. Situated on a corner lot of nearly 1 acre, this property offers the kind of space and privacy that is hard to find within city limits. While the home needs some TLC to reach its full glory, it boasts solid bones and a functional layout, making it the perfect canvas for a DIY enthusiast, a first-time flipper, or an investor looking for a high-potential rental.

Key facts

• Solid bones
• Functional layout
• Corner lot

Tags

• CORNER LOT
• NEARLY 1 ACRE
• SPACE AND PRIVACY
• SOLID BONES
• FUNCTIONAL LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $64k.

Deal economics

• At list price, monthly cash flow is $480 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $64k).
• Recommended offer: $62k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 53/100 on livability (#808 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools D+, crime F, amenities F.
• Winona R-III (rural): math 37% / reading 48% proficiency, ranked #131 of 324 in MO (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 26 active listings in the ZIP.

Forward outlook

• In year one you build about $4k of equity ($442 loan paydown + $4k appreciation (5.7% local appreciation)).
• Shannon County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.7% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($62k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

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

Recommended offer $61,983 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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 1975 — 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 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?
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: 1.72% ✓
• Cap rate: 15.31%
• Cash-on-cash: 32.21%
• DSCR: 2.43
• GRM: 4.8

CMA / ARV

• ARV (median comp): $95,000
• List price: $63,900
• Delta: -32.74%
• Verdict: UNDERPRICED
• Comps: 5 within 1.0 mi

Projected returns pro-forma

5.74% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 42.4%
• Equity multiple: 3.68×
• Total profit: $48,029
• Equity at exit: $39,115

10-year hold

• IRR: 39.7%
• Equity multiple: 7.57×
• Total profit: $117,570
• Equity at exit: $70,039

Cash invested: $17,892 (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 65588

• Home prices YoY: 3.7%
• Active inventory: 26
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,099 medium
• Mortgage (P&I): −$335
• Tax from tax record: −$27 /mo · $319/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $480

Break-even live

Break-even rent $492

Max offer price $63,900

Occupancy floor 51%

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: $15,975
• Closing costs: $1,917
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-18
   days on market $63,900 Active 58 DOM
2. 2026-06-17
   days on market $63,900 Active 57 DOM
3. 2026-06-16
   days on market $63,900 Active 56 DOM
4. 2026-06-15
   days on market $63,900 Active 55 DOM
5. 2026-06-13
   days on market $63,900 Active 53 DOM
6. 2026-06-12
   days on market $63,900 Active 52 DOM
7. 2026-06-09
   days on market $63,900 Active 49 DOM
8. 2026-06-08
   days on market $63,900 Active 48 DOM
9. 2026-06-07
   days on market $63,900 Active 47 DOM
10. 2026-06-07
    days on market $63,900 Active 46 DOM
11. 2026-06-04
    days on market $63,900 Active 43 DOM
12. 2026-06-02
    days on market $63,900 Active 42 DOM
13. 2026-06-01
    days on market $63,900 Active 41 DOM
14. 2026-05-31
    days on market $63,900 Active 40 DOM
15. 2026-04-21
    listed $63,900 Active 492-char remark

    Show marketing remark (492 chars)

    Discover the potential in this 3-bedroom, 1-bathroom fixer-upper located in a quiet, low-traffic neighborhood in Winona, Missouri. Situated on a corner lot of nearly 1 acre, this property offers the kind of space and privacy that is hard to find within city limits. While the home needs some TLC to reach its full glory, it boasts solid bones and a functional layout, making it the perfect canvas for a DIY enthusiast, a first-time flipper, or an investor looking for a high-potential rental.

ⓘ 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: $319 · $27/mo
• Projected year-2 tax: $620 · $52/mo
• Expected delta: +$301/yr (+$25/mo · 94.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,193
• − Mortgage interest: −$3,579
• − Property taxes: −$319
• − Insurance: −$320
• − Repairs & maintenance: −$1,055
• − Management: −$1,055
• − Depreciation: −$1,859
• Taxable income: $5,006
• Est. tax owed @ 24.0%: −$1,201
• After-tax cash flow: $4,562/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: Winona R-III
• NCES district ID: 2932220
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 48% ▬ 0.00%
• Median HH income: $31,522
• Composite: 34.76/100
• National rank: #5128
• State rank: #131 of 324 in MO

Livability — Winona

• Score: 53/100
• State rank: #808
• US rank: #24256

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Winona, MO
• Population (ZIP): 2,025

Population outlook (Shannon County) Hauer SSP2

• Today (2025): 7,703 people
• By 2030: 7,355 · -4.5%
• By 2040: 6,637 · -13.8%
• By 2050: 5,898 · -23.4%
• By 2075: 4,407 · -42.8%
• By 2100: 3,037 · -60.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 9% Hispanic / Latino 2% Asian 1%
• Common ancestry: Serbian 3% Lithuanian 2% Romanian 1%
• Foreign-born: 2% · Vietnam
• Languages at home: 98% English-only · Vietnamese 1%

Political lean MEDSL · Shannon

• 2024 margin: Solid R (+68.3) · D 15.6% · R 83.8%
• 2008→2024 swing: -56.9pp toward R · 2008: -11.4pp · 2024: -68.3pp
• All cycles: 2024: R+68.3 2020: R+63.0 2016: R+56.1 2012: R+26.0 2008: R+11.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.74%
• Current HPI: 160.0993
• 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

1 event — show timeline

• 2026-04-21 Listed $63,900 SOMO

Property tax history

+1.9%/yr

Latest (2024): $319 · +0.0% YoY. Source: county tax records.