1110 Spruce Forest DrLake Saint LouisMO63367
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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 Lake Saint Louis at 1110 Spruce Forest Dr, Lake Saint Louis, MO, 63367 offers a 5.05% rental yield on a $699,900 purchase with $2,946/mo rent. 44% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 57.92% and total cumulative return in cash at $133,376. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,946/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
9,073 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63367, Lake Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,707 (100%) |
| Owner Occupied HU | 9,464 (74.5%) |
| Renter Occupied HU | 2,567 (20.2%) |
| Vacant Housing Units | 676 ( 5.3%) |
| Median Home Value | $422,527 |
| Average Home Value | $461,911 |
Housing Distribution
Address Breakdown
Residential
11,959
Single Family
11,024
Multi-Family
935
Businesses
478
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Listed by: Tim B Watkins • LK Wood Realty Services Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25019963
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