1004 Spruce St APT 514Saint LouisMO63102
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saint Louis at 1004 Spruce St APT 514, Saint Louis, MO, 63102 listed at $172,500 pairs $1,364/mo rent with a $844/mo payment to leave $41/mo cash flow. Total monthly income runs $1,364/mo, and annual cash flow reaches $492/yr on $57,184 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 9.49% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 109.38% and total cumulative return in cash totals $62,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,364/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
N/A lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63102, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 121 ( 6.5%) |
| Renter Occupied HU | 1,263 (68.3%) |
| Vacant Housing Units | 466 (25.2%) |
| Median Home Value | $197,837 |
| Average Home Value | $211,777 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
15
Multi-Family
1,697
Businesses
504
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Listed by: Lesley Beyen • Coldwell Banker Realty - Gunda
Mls Name: MARIS
Mls Provider:
Mls ID: #25020188
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