1057 Mersey Bend Dr APT CSaint 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 1057 Mersey Bend Dr APT C, Saint Louis, MO, 63129 earns $412/mo cash flow from $1,109/mo rent with a $548/mo payment. Total monthly income totals $1,109/mo, and annual cash flow totals $4,940/yr on $37,128 capital. ROI tracks 33.21% on current figures, and rental yield reads 11.88% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 174.31% and total cumulative return in cash sums $64,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,109/mo property income instead of your personal income.
Condo
Built in 1973
2,352 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: Frances A Rice • ReeceNichols Real Estate
Mls Name: MARIS
Mls ID: #25070911