1524 Cove LnSaint LouisMO63138
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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 1524 Cove Ln, Saint Louis, MO, 63138 uses $36,432 cash to close to unlock $1,770/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $832/mo, and a $538/mo payment keeps the spread at $147/mo. Purchase price stands at $109,900, and rental yield measures 9.08% with $832/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 129% and total cumulative return in cash records $46,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $832/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63138, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 3,365 (37.6%) |
| Renter Occupied HU | 3,903 (43.7%) |
| Vacant Housing Units | 1,672 (18.7%) |
| Median Home Value | $168,823 |
| Average Home Value | $215,310 |
Housing Distribution
Address Breakdown
Residential
7,537
Single Family
6,960
Multi-Family
577
Businesses
282
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Listed by: Michael A Zouglas • REO Xpress, LLC
Mls Name: MARIS
Mls ID: #25074317