1505 S Old Highway 94 APT 403Saint CharlesMO63303
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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 Charles at 1505 S Old Highway 94 APT 403, Saint Charles, MO, 63303 generates $1,400/mo in rent and, after a $905/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,400/mo, and annual cash flow is $2,980/yr on $61,328 invested. Return on cash invested sits at 24.77% in year one, and rental yield is 9.08% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 129.01% and total cumulative return in cash sums $79,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Condo
Built in 2006
1,084 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63303, Saint Charles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,640 (100%) |
| Owner Occupied HU | 14,853 (68.6%) |
| Renter Occupied HU | 5,847 (27.0%) |
| Vacant Housing Units | 940 ( 4.3%) |
| Median Home Value | $351,336 |
| Average Home Value | $375,916 |
Housing Distribution
Address Breakdown
Residential
20,625
Single Family
17,587
Multi-Family
3,038
Businesses
861
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Listed by: Ann M Hayden • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #25064528