12321 Rossridge CtSaint LouisMO63146
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 12321 Rossridge Ct, Saint Louis, MO, 63146 in Saint Louis worth modelling. At $219,000 with a 8.28% gross yield, the $1,511/mo rent leaves $147/mo after the $985/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.53 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $60,506 by year five; $2,017/yr in principal reduction adds further equity. Total projected return: $92,530.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.8% |
| Monthly Cash Flow | $147 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,511 |
| Total Monthly Debt Service | $1,277 |
| DSCR Ratio | 1.18x |
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.
Townhouse
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63146, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,959 (100%) |
| Owner Occupied HU | 8,601 (53.9%) |
| Renter Occupied HU | 6,109 (38.3%) |
| Vacant Housing Units | 1,249 ( 7.8%) |
| Median Home Value | $298,489 |
| Average Home Value | $334,860 |
Housing Distribution
Address Breakdown
Residential
14,987
Single Family
11,475
Multi-Family
3,512
Businesses
1,118
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
Townhouse
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63146, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,959 (100%) |
| Owner Occupied HU | 8,601 (53.9%) |
| Renter Occupied HU | 6,109 (38.3%) |
| Vacant Housing Units | 1,249 ( 7.8%) |
| Median Home Value | $298,489 |
| Average Home Value | $334,860 |
Housing Distribution
Address Breakdown
Residential
14,987
Single Family
11,475
Multi-Family
3,512
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yolanda D Carrington • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25026908