1010 Saint Charles St APT 503Saint LouisMO63101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Saint Louis rental at 1010 Saint Charles St APT 503, Saint Louis, MO, 63101 sits in the solid-income band: 9.02% gross yield, $1,409/mo rent, $241/mo net after the $843/mo debt service, DSCR 1.67. Entry price of $187,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $51,803 and $1,727/yr in principal reduction bring total cumulative return to $86,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.8% |
| Monthly Cash Flow | $241 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,409 |
| Total Monthly Debt Service | $1,093 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63101, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,372 (100%) |
| Owner Occupied HU | 301 ( 8.9%) |
| Renter Occupied HU | 2,615 (77.6%) |
| Vacant Housing Units | 456 (13.5%) |
| Median Home Value | $289,157 |
| Average Home Value | $362,500 |
Housing Distribution
Address Breakdown
Residential
2,767
Single Family
95
Multi-Family
2,672
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63101, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,372 (100%) |
| Owner Occupied HU | 301 ( 8.9%) |
| Renter Occupied HU | 2,615 (77.6%) |
| Vacant Housing Units | 456 (13.5%) |
| Median Home Value | $289,157 |
| Average Home Value | $362,500 |
Housing Distribution
Address Breakdown
Residential
2,767
Single Family
95
Multi-Family
2,672
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Akos • Berkshire Hathaway HomeServices Alliance Real Estate
Mls Name: MARIS
Mls ID: #25048818