1113 Washington Ave UNIT 706Saint louisMO63101
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Saint louis rental at 1113 Washington Ave UNIT 706, Saint louis, MO, 63101 sits in the solid-income band: 11.78% gross yield, $1,762/mo rent, $294/mo net after the $807/mo debt service, DSCR 2.18. Entry price of $179,400 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $49,565 and $1,652/yr in principal reduction bring total cumulative return to $88,538.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.8% |
| Monthly Cash Flow | $294 | $450 |
City averages based on Saint louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,762 |
| Total Monthly Debt Service | $1,396 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1896
N/A lot
$N/A/sqft
$350 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
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
Condo
Built in 1896
N/A lot
$N/A/sqft
$350 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Callaway • Realty One Group Trifecta
Mls Name: MARIS
Mls Provider:
Mls ID: #24046943
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_197)