704 E 7th St · Trenton, MO 64683

$99,900

3 bd · 2.5 ba · 1,224 sqft · SingleFamily public records · 5 Days on market

Built 1960 0.28 ac lot Est $122k · 18% under

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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 +22.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.1/10.0
• 1% rule +5.4/10.0
• Livability +3.8/5.0
• 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

Come check out this recently remodeled ranch with everything on one level! Rare combination of 3 bedrooms, central air and heat, and a 2 car garage for this price point. Great floor plan with a large living room, formal dining room, kitchen with appliances, 3 nice sized bedrooms, full bath, and a half bath in the master. Recent updates include refinished hardwood floors, new bathroom vanity, and fresh paint throughout. Side yard is great for a garden, play area, or detached building.

Key facts

• Newer vinyl windows
• Newer roof
• Ranch-style home

Tags

• RANCH-STYLE HOME
• ORIGINAL WOOD FLOORS
• NEWER ROOF
• NEWER VINYL WINDOWS
• CENTRAL AIR
• FORCED AIR NATURAL GAS HEAT

Property features AI

Finance

• Other: Above-grade finished area per public records
• HOA & community: No association fees

Exterior

• Parking: Attached and detached garage options; 2-car garage; Off-street parking
• Utilities: Public water; Public sewer; Fiber available
• Home design: Single family residence; Ranch floor plan; Residential property
• Construction: Concrete and vinyl siding construction; Composition roof; Garage(s) present; Crawl space basement
• Exterior features: Patio; City lot; Paved road with public maintenance

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator; Electric range
• Bedrooms: 3 bedrooms (all on the main level); Main floor primary bedroom; Main floor bedroom(s)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Electric cooling
• Interior features: Ceiling fan(s); Thermal windows; Storm door(s)
• Laundry & utility: Laundry on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $164 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 8.3% vs local median 6.2% in Trenton — 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 76/100 on livability (#49 in MO, #3,686 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment C-, amenities F.
• Trenton R-IX (town): math 28% / reading 43% proficiency, ranked #223 of 324 in MO (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 50 active listings in the ZIP; 2 units permitted in Grundy County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Grundy County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 16y 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 $82k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $99,900

Questions for the listing agent

1. Built in 1960 — 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. 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.
4. 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.
5. 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: 1.04% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.04%
• DSCR: 1.31
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $122,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
106 Kavanaugh St	0.33mi	3/1.5	1,228 (+0%)	0mo	$124,900	$102	80
118 Kavanaugh St	0.24mi	2/1.0 (-1)	1,216 (-1%)	8mo	$29,900	$25	70
414 Town And Country Ln	0.57mi	3/2.0	1,200 (-2%)	2mo	$199,900	$167	66
1310 E 13th Ct	0.58mi	3/2.0	1,274 (+4%)	2mo	$139,900	$110	63
141 E 7th St	0.34mi	2/1.0 (-1)	1,152 (-6%)	1mo	$109,900	$95	62
708 Kitty St	0.63mi	3/1.0	1,232 (+1%)	4mo	$144,900	$118	60
710 Kitty St	0.63mi	3/1.0	1,210 (-1%)	4mo	$159,900	$132	60
206 Debolt St	0.21mi	2/1.0 (-1)	1,054 (-14%)	1mo	$105,000	$100	55
1704 E 8th St	0.53mi	3/2.0	1,364 (+11%)	6mo	$69,900	$51	49
310 E 17th St	0.72mi	3/2.0	1,162 (-5%)	9mo	$75,000	$65	48
140 E 7th St	0.36mi	2/1.5 (-1)	1,056 (-14%)	9mo	$65,000	$62	44
1720 E 7th St	0.58mi	3/1.0	1,402 (+14%)	4mo	$129,900	$93	39

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: -5.5%
• Equity multiple: 0.79×
• Total profit: $-5,741
• Equity at exit: $14,895

10-year hold

• IRR: 4.1%
• Equity multiple: 1.30×
• Total profit: $8,443
• Equity at exit: $8,638

Cash invested: $27,972 (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 64683

• Home prices YoY: -14.6%
• Active inventory: 50
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,042 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$94 /mo · $1,127/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $164

Break-even live

Break-even rent $835

Max offer price $99,900

Occupancy floor 79%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-21
   listed $99,900 Active
2. 2021-03-19
   soldstatus 488-char remark

   Show marketing remark (488 chars)

   Come check out this recently remodeled ranch with everything on one level! Rare combination of 3 bedrooms, central air and heat, and a 2 car garage for this price point. Great floor plan with a large living room, formal dining room, kitchen with appliances, 3 nice sized bedrooms, full bath, and a half bath in the master. Recent updates include refinished hardwood floors, new bathroom vanity, and fresh paint throughout. Side yard is great for a garden, play area, or detached building.

3. 2021-03-19
   soldstatus $81,500

   Show marketing remark (488 chars)

   Come check out this recently remodeled ranch with everything on one level! Rare combination of 3 bedrooms, central air and heat, and a 2 car garage for this price point. Great floor plan with a large living room, formal dining room, kitchen with appliances, 3 nice sized bedrooms, full bath, and a half bath in the master. Recent updates include refinished hardwood floors, new bathroom vanity, and fresh paint throughout. Side yard is great for a garden, play area, or detached building.

4. 2021-01-15
   listed $79,900 488-char remark

   Show marketing remark (488 chars)

   Come check out this recently remodeled ranch with everything on one level! Rare combination of 3 bedrooms, central air and heat, and a 2 car garage for this price point. Great floor plan with a large living room, formal dining room, kitchen with appliances, 3 nice sized bedrooms, full bath, and a half bath in the master. Recent updates include refinished hardwood floors, new bathroom vanity, and fresh paint throughout. Side yard is great for a garden, play area, or detached building.

5. 2020-11-25
   soldstatus 261-char remark

   Show marketing remark (261 chars)

   Lots of potential for this 3 bedroom, 1.5 bath ranch home on a corner lot! The main floor consists of a living room, kitchen, dining room, 3 bedrooms, 1.5 bathrooms, and laundry room. The home has central air and heat, a 2 car attached garage, and a back patio.

6. 2020-03-25
   listed $40,500 261-char remark

   Show marketing remark (261 chars)

   Lots of potential for this 3 bedroom, 1.5 bath ranch home on a corner lot! The main floor consists of a living room, kitchen, dining room, 3 bedrooms, 1.5 bathrooms, and laundry room. The home has central air and heat, a 2 car attached garage, and a back patio.

7. 2010-10-12
   soldstatus
8. 2010-03-29
   listed $63,500
9. 2002-02-10
   soldstatus $70,000

ⓘ 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: $1,127 · $94/mo
• Projected year-2 tax: $1,127 · $94/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 4/10 Moderate 7 d/yr ≥106°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,509
• − Mortgage interest: −$5,596
• − Property taxes: −$1,127
• − Insurance: −$500
• − Repairs & maintenance: −$1,001
• − Management: −$1,001
• − Depreciation: −$2,906
• Taxable income: $379
• Est. tax owed @ 24.0%: −$91
• After-tax cash flow: $1,878/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: Trenton R-IX
• NCES district ID: 2930360
• Math proficiency: 28% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $37,586
• Composite: 29.52/100
• National rank: #6499
• State rank: #223 of 324 in MO

Livability — Trenton

• Score: 76/100
• State rank: #49
• US rank: #3686

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Trenton, MO
• City population: 7,648
• Population (ZIP): 7,648

Population outlook (Grundy County) Hauer SSP2

• Today (2025): 9,586 people
• By 2030: 9,298 · -3.0%
• By 2040: 8,783 · -8.4%
• By 2050: 8,262 · -13.8%
• By 2075: 7,011 · -26.9%
• By 2100: 5,650 · -41.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Hispanic / Latino 3% Asian 1%
• Common ancestry: Serbian 2% Portuguese 1% Slovak 1%
• Foreign-born: 1% · China
• Languages at home: 98% English-only · German/W. Germanic 1% Chinese 1% Spanish 1%

Political lean MEDSL · Grundy

• 2024 margin: Solid R (+63.6) · D 17.8% · R 81.4%
• 2008→2024 swing: -33.5pp toward R · 2008: -30.1pp · 2024: -63.6pp
• All cycles: 2024: R+63.6 2020: R+62.8 2016: R+60.8 2012: R+41.6 2008: R+30.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.24%
• Current HPI: 188.2901
• 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

+42.7% since first listed

9 events — show timeline

• 2026-05-21 Listed $99,900 Heartland MLS as Distributed by MLS Grid
• 2021-03-19 Sold (Public Records) $81,500 Public Records
• 2021-03-19 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2021-01-15 Listed $79,900 Heartland MLS as Distributed by MLS Grid
• 2020-11-25 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2020-03-25 Listed $40,500 Heartland MLS as Distributed by MLS Grid
• 2010-10-12 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2010-03-29 Listed $63,500 Heartland MLS as Distributed by MLS Grid
• 2002-02-10 Sold (Public Records) $70,000 Public Records

Property tax history

+3.5%/yr

Latest (2025): $1,127 · +14.5% YoY. Source: county tax records.