1532 Mississippi AveSaint LouisMO63104
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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 1532 Mississippi Ave, Saint Louis, MO, 63104 priced at $915,000 converts $4,612/mo rent into after a $4,478/mo obligation. Total monthly income equals $4,612/mo. Return on cash invested prints 15.73% in year one, and rental yield reads 6.05% against a $915,000 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation compiles into $252,798 by year five. Five-year ROI reaches 80.44% and total cumulative return in cash sums $242,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,612/mo property income covering a $4,478/mo payment, not borrower’s personal income.
Single Family
Built in 1877
3,249 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63104, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,429 (100%) |
| Owner Occupied HU | 3,773 (33.0%) |
| Renter Occupied HU | 5,853 (51.2%) |
| Vacant Housing Units | 1,803 (15.8%) |
| Median Home Value | $340,630 |
| Average Home Value | $370,512 |
Housing Distribution
Address Breakdown
Residential
10,558
Single Family
7,106
Multi-Family
3,452
Businesses
690
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Listed by: Jenn A Schoemehl • RedKey Realty Leaders Circa
Mls Name: MARIS
Mls ID: #25043014