1603 Hemingway Ln UNIT ESaint CharlesMO63304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1603 Hemingway Ln UNIT E, Saint Charles, MO, 63304 priced at $209,500 pairs $1,426/mo rent with after a $1,025/mo payment. Total monthly income equals $1,426/mo. Return on cash invested is 13.37% in year one, and rental yield stands at 8.17% on a $209,500 basis. Equity gained on principal adds $1,352/yr, and 5% annual appreciation accumulates to $57,881 by year five. Five-year ROI measures 70.98% and total cumulative return in cash reaches $49,299. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $1,025/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
840.71 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63304, Saint Charles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,153 (100%) |
| Owner Occupied HU | 14,356 (83.7%) |
| Renter Occupied HU | 2,290 (13.4%) |
| Vacant Housing Units | 507 ( 3.0%) |
| Median Home Value | $364,905 |
| Average Home Value | $408,403 |
Housing Distribution
Address Breakdown
Residential
16,807
Single Family
16,028
Multi-Family
779
Businesses
948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Adelsberger • BHHS Select Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #25025246
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)