12929 Portulaca Dr APT 311Saint LouisMO63146
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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 12929 Portulaca Dr APT 311, Saint Louis, MO, 63146 offers a 10.68% rental yield on a $189,900 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $929/mo payment leaves $508/mo available for distribution. Annual cash flow reaches $6,094/yr on $62,952 to close, and return on cash invested stands at 29.59% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 154.79% and total cumulative return in cash at $97,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
2,134 sqft 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
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Listed by: Darlene S Daugherty • EXP Realty, LLC
Mls Name: MARIS
Mls ID: #25077718