1113 Washington Ave Unit 318Saint LouisMO63101
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowMost investment properties struggle to clear the 1.25x DSCR minimum. 1113 Washington Ave Unit 318, Saint Louis, MO, 63101 in Saint Louis clears it at 1.81, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 10.31%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.8% |
| Monthly Cash Flow | $(16,579) | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,762 |
| Total Monthly Debt Service | $18,311 |
| DSCR Ratio | 0.10x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1896
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MARIS
Mls Provider:
Mls ID: #26064753
