ST. LOUIS SCOUT · LONG-TERM STRATEGY
St. Louis — Sub-$50K + DSCR Band
Licensed market (MO) · pulled Jul 7, 2026 · 247 homes under $50K · 858 in the $50–130K band
⚠️ Same rules as Detroit: score the block, not the house. STL north city/county is block-by-block. ARVs below are neighborhood-anchored estimates, not appraisals — the city median ($188K/$137 sqft) does NOT apply to these zips.
Tier 1 — Sub-$50K (cash / value-add)
S1
3924 N 19th St
$29,900 · 3bd/2ba · 1,700 sqft · Hyde Park · new 4 days
Est. ARV: $85K–$130K (Hyde Park renovation activity rising)
CASH → DSCR REFI POSSIBLE
Google Maps
S2
4611 Natural Bridge Ave
$38,000 · 5bd/3ba · 1,958 sqft · Penrose · new 6 days
Est. ARV: $95K–$130K — but busy arterial road, discount for it
CASH → DSCR REFI POSSIBLE
Google Maps
S3
4213 N Newstead Ave
$37,000 · 2bd/1ba · 1,166 sqft · Penrose
Est. ARV: $70K–$95K
CASH or PORTFOLIO DSCR
Google Maps
S4
3636 Pine Grove Ave
$32,000 · 3bd/2ba · 1,575 sqft · Hillsdale/Normandy
Est. ARV: $75K–$105K
CASH or PORTFOLIO DSCR
Google Maps
S5
5628 Hiller Pl
$29,500 · 2bd/1ba · 1,030 sqft · Jennings · cut $9.5K
Est. ARV: $70K–$95K
CASH or PORTFOLIO DSCR
Google Maps
S6
4412 Clarence Ave
$49,900 · 3bd/3ba · 2,410 sqft · O'Fallon neighborhood
Est. ARV: $110K–$150K — size + baths make this the Tier-1 standout
★ CASH → DSCR REFI — BEST STL BRRRR CANDIDATE
Google Maps
S7
4031 California Ave
$45,000 · 2bd/2ba · 1,650 sqft · Gravois Park (south city) · new today
Est. ARV: $120K–$170K — south-city brick, strongest comps in Tier 1
CASH → DSCR REFI POSSIBLE
Google Maps
S8
3500 Greer Ave
$30,000 · 5bd/2ba · 3,170 sqft · north city · cut $15K — huge brick, expect full gut
Est. ARV: $100K–$140K (rehab budget will be heavy at this size)
CASH → DSCR REFI POSSIBLE
Google Maps
Tier 2 — DSCR band ($50–130K, financeable)
All above typical lender floors. North county (Ferguson/Dellwood/Castle Point/Glasgow Village) is the STL cash-flow core — and your MO license means these can be your own loans.
D1
1372 Heydt Ave
$128,000 · 4bd/1ba · 1,471 sqft · Ferguson · new today
Est. ARV: $135K–$160K (likely near-retail already)
STANDARD DSCR NOW
Google Maps
D2
9765 Vickie Pl
$125,000 · 3bd/1ba · 1,032 sqft · Dellwood · new today
Est. ARV: $130K–$150K
STANDARD DSCR NOW
Google Maps
D3
7909 Pennsylvania Ave
$90,000 · 3bd/2ba · 1,088 sqft · Carondelet (south city)
Est. ARV: $130K–$170K — Carondelet comps strong
STANDARD DSCR NOW
Google Maps
D4
300 Estridge Rd
$115,000 · 3bd/1ba · 924 sqft · Glasgow Village
Est. ARV: $120K–$140K
STANDARD DSCR NOW
Google Maps
D5
414 Fassen St
$89,000 · 3bd/1ba · 1,500 sqft · Carondelet/Patch
Est. ARV: $130K–$170K
STANDARD DSCR NOW
Google Maps
D6
10357 Prince Dr
$75,000 · 3bd/1ba · 1,125 sqft · Castle Point
Est. ARV: $95K–$120K
STANDARD DSCR (at most lenders' floor — confirm)
Google Maps
D7
6306 Washington Ave
$90,000 · 3bd/1ba · 864 sqft · Berkeley (near airport)
Est. ARV: $100K–$120K — check airport-noise buyout zones
STANDARD DSCR NOW
Google Maps
D8
5142 Vernon Ave
$64,900 · 5bd/2ba · 2,736 sqft · Academy/Fountain Park
Est. ARV: $150K–$220K — big brick near the Fountain Park renovation wave; biggest upside on this page
★ BUY-REHAB → DSCR REFI — BEST STL UPSIDE
Google Maps
Market context (pulled Jul 7)
St. Louis city: 2,939 active · median list $188–195K ($137–139/sqft, down 4–5% YoY) · ~43 DOM. Geography cheat sheet: south city (Gravois Park, Dutchtown, Carondelet) = stronger comps + rents; north city (Hyde Park, Penrose, O'Fallon) = deepest discounts, block-by-block; north county (Ferguson, Dellwood, Castle Point, Glasgow Village, Jennings) = the cash-flow band where most DSCR-ready stock sits. Section 8 STL FMR ~$1,100–1,400 (3BR). Your MO license = you can originate these yourself.