203 Milford Ave · Marble Hill, MO 63764

$69,500

1 bd · 1.0 ba · 550 sqft · Other public records · 299 Days on market

Built 1957 3,049 sqft lot $126/sqft · 30% above area Est $53k · 30% over

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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 +27.4/30.0
• DSCR +9.6/10.0
• 1% rule +6.1/10.0
• Appreciation +5.0/10.0
• Livability +3.0/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Charming 1 Bed, 1 Bath Bungalow in Marble Hill! This recently remodeled 550 sq ft bungalow is full of charm and modern updates, making it the perfect fit for anyone looking to simplify with a smaller, more efficient floor plan. Step inside to find a fresh, updated interior that feels both cozy and inviting. Outside, you’ll find a convenient storage shed—ideal for tools, hobbies, or extra space. Whether you're searching for a comfortable starter home or a smart rental investment opportunity, this property checks all the boxes. Cute, affordable, and move-in ready—don’t miss your chance to own this little gem!

Key facts

• 3,049 sq ft lot
• Built 1957
• Listed 299 days

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $70k.

Deal economics

• At list price, monthly cash flow is $203 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($773 rent vs $70k).
• Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 5.1% in Marble Hill — 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 60/100 on livability (#508 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A, housing A-; Watch: schools F, amenities F, commute F.
• Woodland R-IV (rural): math 27% / reading 42% proficiency, ranked #239 of 324 in MO (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 44 active listings in the ZIP.

Forward outlook

• In year one you build about $3k of equity ($481 loan paydown + $2k appreciation (3.0% local appreciation)).
• Bollinger County population projected at -14% 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 $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 299 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $70k implies a 479% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,160 (12.0% below list)

Questions for the listing agent

1. It's been on market 299 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — 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 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?
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: 1.11% ✓
• Cap rate: 9.80%
• Cash-on-cash: 12.51%
• DSCR: 1.56
• GRM: 7.5

CMA / ARV

• ARV (median comp): $53,422
• List price: $69,500
• Delta: 30.10%
• Verdict: OVERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 19.2%
• Equity multiple: 2.09×
• Total profit: $21,262
• Equity at exit: $31,250

10-year hold

• IRR: 20.4%
• Equity multiple: 3.96×
• Total profit: $57,545
• Equity at exit: $48,160

Cash invested: $19,460 (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 63764

• Active inventory: 44
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $773 medium
• Mortgage (P&I): −$364
• Tax from tax record: −$14 /mo · $168/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$162
• Net cashflow: $203

Break-even live

Break-even rent $516

Max offer price $69,500

Occupancy floor 69%

Sensitivity live

Price	-10% $242	-5% $223	+0% $203	+5% $183	+10% $164
Rent	-10% $142	-5% $172	+0% $203	+5% $233	+10% $264
Rate	-1.0pp $238	-0.5pp $221	base $203	+0.5pp $185	+1.0pp $167

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: $17,375
• Closing costs: $2,085
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-21
   pricedays on market $69,500 Active 299 DOM
2. 2026-06-18
   days on market $74,500 Active 297 DOM
3. 2026-06-17
   days on market $74,500 Active 296 DOM
4. 2026-06-16
   days on market $74,500 Active 295 DOM
5. 2026-06-15
   days on market $74,500 Active 294 DOM
6. 2026-06-13
   days on market $74,500 Active 292 DOM
7. 2026-06-12
   days on market $74,500 Active 291 DOM
8. 2026-06-09
   days on market $74,500 Active 288 DOM
9. 2026-06-08
   days on market $74,500 Active 287 DOM
10. 2026-06-07
    days on market $74,500 Active 286 DOM
11. 2026-06-07
    days on market $74,500 Active 285 DOM
12. 2026-06-04
    days on market $74,500 Active 282 DOM
13. 2026-06-02
    days on market $74,500 Active 281 DOM
14. 2026-06-01
    days on market $74,500 Active 280 DOM
15. 2026-05-31
    days on market $74,500 Active 279 DOM
16. 2026-02-03
    status Active 641-char remark

    Show marketing remark (641 chars)

    Charming 1 Bed, 1 Bath Bungalow in Marble Hill! This recently remodeled 550 sq ft bungalow is full of charm and modern updates, making it the perfect fit for anyone looking to simplify with a smaller, more efficient floor plan. Step inside to find a fresh, updated interior that feels both cozy and inviting. Outside, you’ll find a convenient storage shed—ideal for tools, hobbies, or extra space. Whether you're searching for a comfortable starter home or a smart rental investment opportunity, this property checks all the boxes. Cute, affordable, and move-in ready—don’t miss your chance to own this little gem!

17. 2025-08-22
    listed $74,500 Active 641-char remark

    Show marketing remark (641 chars)

    Charming 1 Bed, 1 Bath Bungalow in Marble Hill! This recently remodeled 550 sq ft bungalow is full of charm and modern updates, making it the perfect fit for anyone looking to simplify with a smaller, more efficient floor plan. Step inside to find a fresh, updated interior that feels both cozy and inviting. Outside, you’ll find a convenient storage shed—ideal for tools, hobbies, or extra space. Whether you're searching for a comfortable starter home or a smart rental investment opportunity, this property checks all the boxes. Cute, affordable, and move-in ready—don’t miss your chance to own this little gem!

18. 2024-04-23
    status Pending 555-char remark

    Show marketing remark (555 chars)

    This cozy 1 bedroom 1 bath house is located in peaceful Marble Hill, MO. The house has a covered back deck and a front patio, where you can enjoy the fresh air and the scenic views. It features two sheds, one of which is brand new and spacious, perfect for storing your tools or hobbies. The other shed is older but still functional and can be used as a workshop or a garden shed. The roof was replaced in 2022 and the house has two driveways for your convenience. This property is ideal for anyone looking for a quiet and comfortable place to call home.

19. 2024-04-23
    soldstatus Closed 555-char remark

    Show marketing remark (555 chars)

    This cozy 1 bedroom 1 bath house is located in peaceful Marble Hill, MO. The house has a covered back deck and a front patio, where you can enjoy the fresh air and the scenic views. It features two sheds, one of which is brand new and spacious, perfect for storing your tools or hobbies. The other shed is older but still functional and can be used as a workshop or a garden shed. The roof was replaced in 2022 and the house has two driveways for your convenience. This property is ideal for anyone looking for a quiet and comfortable place to call home.

20. 2024-03-18
    historical Active Under Contract 555-char remark

    Show marketing remark (555 chars)

    This cozy 1 bedroom 1 bath house is located in peaceful Marble Hill, MO. The house has a covered back deck and a front patio, where you can enjoy the fresh air and the scenic views. It features two sheds, one of which is brand new and spacious, perfect for storing your tools or hobbies. The other shed is older but still functional and can be used as a workshop or a garden shed. The roof was replaced in 2022 and the house has two driveways for your convenience. This property is ideal for anyone looking for a quiet and comfortable place to call home.

21. 2023-10-26
    listed $65,000 Active 555-char remark

    Show marketing remark (555 chars)

    This cozy 1 bedroom 1 bath house is located in peaceful Marble Hill, MO. The house has a covered back deck and a front patio, where you can enjoy the fresh air and the scenic views. It features two sheds, one of which is brand new and spacious, perfect for storing your tools or hobbies. The other shed is older but still functional and can be used as a workshop or a garden shed. The roof was replaced in 2022 and the house has two driveways for your convenience. This property is ideal for anyone looking for a quiet and comfortable place to call home.

22. 2011-07-01
    soldstatus $12,000
23. 2008-08-05
    soldstatus
24. 2007-02-01
    soldstatus
25. 1996-07-10
    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: $168 · $14/mo
• Projected year-2 tax: $674 · $56/mo
• Expected delta: +$507/yr (+$42/mo · 302.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $9,270
• − Mortgage interest: −$3,893
• − Property taxes: −$168
• − Insurance: −$348
• − Repairs & maintenance: −$742
• − Management: −$742
• − Depreciation: −$2,022
• Taxable income: $1,357
• Est. tax owed @ 24.0%: −$326
• After-tax cash flow: $2,109/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: Woodland R-IV
• NCES district ID: 2919350
• Math proficiency: 27% ▼ -10.00%
• Reading proficiency: 42% ▼ -2.00%
• Median HH income: $32,564
• Composite: 28.21/100
• National rank: #6804
• State rank: #239 of 324 in MO

Livability — Marble Hill

• Score: 60/100
• State rank: #508
• US rank: #19511

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marble Hill, MO
• Population (ZIP): 4,568

Population outlook (Bollinger County) Hauer SSP2

• Today (2025): 11,825 people
• By 2030: 11,546 · -2.4%
• By 2040: 10,935 · -7.5%
• By 2050: 10,222 · -13.6%
• By 2075: 8,396 · -29.0%
• By 2100: 6,530 · -44.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 6% Hispanic / Latino 3% Black 1%
• Common ancestry: Iranian 5% Lithuanian 3% Serbian 2%
• Foreign-born: 0%

Political lean MEDSL · Bollinger

• 2024 margin: Solid R (+74.8) · D 12.3% · R 87.1%
• 2008→2024 swing: -35.4pp toward R · 2008: -39.5pp · 2024: -74.8pp
• All cycles: 2024: R+74.8 2020: R+73.8 2016: R+72.7 2012: R+52.8 2008: R+39.5

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

+520.8% since first listed

10 events — show timeline

• 2026-02-03 Relisted — MARIS as Distributed by MLS Grid
• 2025-08-22 Listed $74,500 MARIS as Distributed by MLS Grid
• 2024-04-23 Pending — MARIS as Distributed by MLS Grid
• 2024-04-23 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2024-03-18 Contingent — MARIS as Distributed by MLS Grid
• 2023-10-26 Listed $65,000 MARIS as Distributed by MLS Grid
• 2011-07-01 Sold (Public Records) $12,000 Public Records
• 2008-08-05 Sold (Public Records) — Public Records
• 2007-02-01 Sold (Public Records) — Public Records
• 1996-07-10 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $168 · +11.9% YoY. Source: county tax records.