5637 Jennings Station Rd in St. Louis, MO is a 3-bedroom, 1-bathroom home with 1,116 square feet in the St. Louis Metro market — a project property priced accordingly for a buyer who knows what they're getting into. The honest condition report: there is a hole in the roof that needs patching, the home has an odor from previous pets that will need addressing, and water is currently off. Power is on, the furnace appears functional, and all wiring and copper pipes are intact. Newer vinyl windows have been installed throughout, which is a meaningful update that most project homes at this price don't have.

The property sits on a main street with alley access and plenty of parking, an empty lot next door, and a shed with a covered patio attached — more outdoor utility than the listing reflects at first glance.

For a buyer who can patch a roof, clean thoroughly, do some drywall work, and paint, the seller's own assessment is that this one is not too bad — and at $2,500 down and $895/month on a $79,000 home in St. Louis, the math makes sense for the right person. Owner financing available — flexible terms, no traditional bank loan required.