1010 Saint Charles St APT 602Saint LouisMO63101
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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 1010 Saint Charles St APT 602, Saint Louis, MO, 63101 offers a 8.47% rental yield on a $215,000 purchase with $1,518/mo rent. Total monthly income registers $1,518/mo, and a $1,052/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,152/yr on $71,273 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 119.12% and total cumulative return in cash at $84,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,518/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
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
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Listed by: Brueggemann Tadlock • Keller Williams Realty St. Louis
Mls Name: MARIS
Mls ID: #25061068