1113 Washington Ave UNIT 403Saint LouisMO63101
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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
Rental property for sale in Saint Louis at 1113 Washington Ave UNIT 403, Saint Louis, MO, 63101 generates $1,031/mo in rent, after a $631/mo payment. Total monthly income is $1,031/mo. Return on cash invested sits at 15.45% in year one, and rental yield is 9.59% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 82.87% and total cumulative return in cash sums $35,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,031/mo property income rather than buyer’s personal income.
Condo
Built in 1896
N/A lot
$N/A/sqft
$387 monthly 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
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Listed by: Justin M Schoemehl • Patton Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #25047022
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