1311 Prospect Village Ln APT BBallwinMO63021
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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 Ballwin at 1311 Prospect Village Ln APT B, Ballwin, MO, 63021 generates $1,001/mo in rent and, after a $624/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,001/mo, and annual cash flow is $2,484/yr on $42,266 invested. Return on cash invested sits at 25.79% in year one, and rental yield is 9.42% on a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 134.4% and total cumulative return in cash sums $56,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,001/mo property income rather than buyer’s personal income.
Condo
Built in 1983
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
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