1544 Ridgepointe Place Dr UNIT 174Lake Saint LouisMO63367
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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
Total monthly income runs $2,414/mo, and a $2,251/mo payment. Purchase price stands at $460,000, and rental yield measures 6.3% with $2,414/mo rent. Return on cash invested shows 16.37% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 83.88% and total cumulative return in cash records $127,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 2002
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63367, Lake Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,707 (100%) |
| Owner Occupied HU | 9,464 (74.5%) |
| Renter Occupied HU | 2,567 (20.2%) |
| Vacant Housing Units | 676 ( 5.3%) |
| Median Home Value | $422,527 |
| Average Home Value | $461,911 |
Housing Distribution
Address Breakdown
Residential
11,959
Single Family
11,024
Multi-Family
935
Businesses
478
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Listed by: Emily Bliss • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25050285