132 E Monroe Ave #302Saint LouisMO63122
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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 Saint Louis at 132 E Monroe Ave #302, Saint Louis, MO, 63122 generates $4,342/mo in rent, after a $6,969/mo payment. Total monthly income is $4,342/mo. Return on cash invested sits at 7% in year one, and rental yield is 3.66% on a $1,423,835 entry. Equity gained on principal adds $9,188/yr, while 5% annual appreciation builds toward $393,379 over five years. Five-year ROI reaches 34.17% and total cumulative return in cash sums $157,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,342/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$613 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63122, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,623 (100%) |
| Owner Occupied HU | 13,487 (76.5%) |
| Renter Occupied HU | 3,144 (17.8%) |
| Vacant Housing Units | 992 ( 5.6%) |
| Median Home Value | $513,877 |
| Average Home Value | $581,121 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
14,892
Multi-Family
2,480
Businesses
1,404
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Listed by: Mark S Mehlman • Mehlman Homes Realty, LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #24060715
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