1204 Mead DrSaint LouisMO63137
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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 Saint Louis at 1204 Mead Dr, Saint Louis, MO, 63137 offers a 9.55% rental yield on a $124,900 purchase with $994/mo rent. Total monthly income registers $994/mo, and a $611/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,598/yr on $41,404 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 136.62% and total cumulative return in cash at $56,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $994/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63137, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,582 (100%) |
| Owner Occupied HU | 3,753 (43.7%) |
| Renter Occupied HU | 3,357 (39.1%) |
| Vacant Housing Units | 1,472 (17.2%) |
| Median Home Value | $81,742 |
| Average Home Value | $196,252 |
Housing Distribution
Address Breakdown
Residential
7,377
Single Family
6,893
Multi-Family
484
Businesses
179
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Listed by: Kevin R Vaughn • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25057655