12 Miraclair DrFlorissantMO63031
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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 Florissant at 12 Miraclair Dr, Florissant, MO, 63031 offers a 12% rental yield on a $284,900 purchase with $2,849/mo rent. Total monthly income registers $2,849/mo, and a $1,394/mo payment leaves $1,075/mo available for distribution. Annual cash flow reaches $12,902/yr on $94,444 to close, and return on cash invested stands at 33.57% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 176.19% and total cumulative return in cash at $166,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,849/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63031, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,080 (100%) |
| Owner Occupied HU | 13,094 (65.2%) |
| Renter Occupied HU | 5,830 (29.0%) |
| Vacant Housing Units | 1,156 ( 5.8%) |
| Median Home Value | $168,493 |
| Average Home Value | $236,991 |
Housing Distribution
Address Breakdown
Residential
18,929
Single Family
17,115
Multi-Family
1,814
Businesses
794
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Listed by: Jeanie M Wakula • Big Bend Realty LLC
Mls Name: MARIS
Mls ID: #25067667