1614 Summergate Pkwy #NSaint CharlesMO63303
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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 Charles at 1614 Summergate Pkwy #N, Saint Charles, MO, 63303 offers a 9.11% rental yield on a $155,000 purchase with $1,177/mo rent. Total monthly income registers $1,177/mo, and a $759/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,536/yr on $51,383 to close, and return on cash invested stands at 24.84% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 129.44% and total cumulative return in cash at $66,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,177/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
757.94 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63303, Saint Charles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,640 (100%) |
| Owner Occupied HU | 14,853 (68.6%) |
| Renter Occupied HU | 5,847 (27.0%) |
| Vacant Housing Units | 940 ( 4.3%) |
| Median Home Value | $351,336 |
| Average Home Value | $375,916 |
Housing Distribution
Address Breakdown
Residential
20,625
Single Family
17,587
Multi-Family
3,038
Businesses
861
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Listed by: Tim W Williams • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #25063685