1163 Mill Crossing Dr APT 305Saint LouisMO63141
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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 1163 Mill Crossing Dr APT 305, Saint Louis, MO, 63141 generates $2,684/mo in rent, after a $1,884/mo payment. Total monthly income is $2,684/mo. Return on cash invested sits at 15.85% in year one, and rental yield is 8.37% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 83.6% and total cumulative return in cash sums $106,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,684/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1.65 Acres lot
$N/A/sqft
$718 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63141, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,240 (100%) |
| Owner Occupied HU | 6,413 (69.4%) |
| Renter Occupied HU | 2,228 (24.1%) |
| Vacant Housing Units | 599 ( 6.5%) |
| Median Home Value | $601,830 |
| Average Home Value | $685,010 |
Housing Distribution
Address Breakdown
Residential
9,189
Single Family
6,815
Multi-Family
2,374
Businesses
2,089
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Listed by: Ethan C Lewis • Sold in the Lou
Mls Name: MARIS
Mls Provider:
Mls ID: #25021562
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