1511 Locust St APT 302Saint LouisMO63103
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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 1511 Locust St APT 302, Saint Louis, MO, 63103 earns $216/mo cash flow from $1,038/mo rent with a $646/mo payment. Total monthly income totals $1,038/mo, and annual cash flow totals $2,592/yr on $43,758 capital. ROI tracks 25.83% on current figures, and rental yield reads 9.44% at a $132,000 purchase. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 over five years. Five-year ROI reaches 134.64% and total cumulative return in cash sums $58,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,038/mo property income instead of your personal income.
Condo
Built in 1919
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63103, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,493 (100%) |
| Owner Occupied HU | 536 ( 8.3%) |
| Renter Occupied HU | 4,544 (70.0%) |
| Vacant Housing Units | 1,413 (21.8%) |
| Median Home Value | $225,667 |
| Average Home Value | $283,427 |
Housing Distribution
Address Breakdown
Residential
5,819
Single Family
267
Multi-Family
5,552
Businesses
976
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Listed by: Jeff J Uren • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25067289