1015 Washington Ave APT 508Saint LouisMO63101
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
Investment Highlights
Investment property for sale in Saint Louis at 1015 Washington Ave APT 508, Saint Louis, MO, 63101 uses $62,985 cash to close to unlock $4,220/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,535/mo, and a $930/mo payment keeps the spread at $352/mo. Purchase price stands at $190,000, and rental yield measures 9.69% with $1,535/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 138.83% and total cumulative return in cash records $87,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,535/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1899
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: Joel E Svoboda • RedKey Realty Leaders Circa
Mls Name: MARIS
Mls ID: #25070760