1031 Forder Square DrSaint LouisMO63129
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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 1031 Forder Square Dr, Saint Louis, MO, 63129 listed at $289,000 pairs $1,421/mo rent with a $1,415/mo payment. Total monthly income runs $1,421/mo. Return on cash invested measures 15.16% in year one, and rental yield registers 5.9% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 77.42% and total cumulative return in cash totals $74,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,421/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63129, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,519 (100%) |
| Owner Occupied HU | 17,371 (77.1%) |
| Renter Occupied HU | 4,425 (19.7%) |
| Vacant Housing Units | 723 ( 3.2%) |
| Median Home Value | $306,600 |
| Average Home Value | $348,667 |
Housing Distribution
Address Breakdown
Residential
22,299
Single Family
19,307
Multi-Family
2,992
Businesses
724
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Listed by: Michael Stretch • RE/MAX Results
Mls Name: MARIS
Mls ID: #25076195