1637 Ridgewood DrSaint LouisMO63126
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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 1637 Ridgewood Dr, Saint Louis, MO, 63126 uses $79,560 cash to close to unlock $1,740/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,640/mo, and a $1,175/mo payment keeps the spread at $145/mo. Purchase price stands at $240,000, and rental yield measures 8.2% with $1,640/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 114.6% and total cumulative return in cash records $91,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1952
10,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63126, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,837 (100%) |
| Owner Occupied HU | 5,532 (80.9%) |
| Renter Occupied HU | 1,046 (15.3%) |
| Vacant Housing Units | 259 ( 3.8%) |
| Median Home Value | $316,450 |
| Average Home Value | $353,240 |
Housing Distribution
Address Breakdown
Residential
6,699
Single Family
6,360
Multi-Family
339
Businesses
683
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Listed by: Susan F Schiff • RE/MAX Results
Mls Name: MARIS
Mls ID: #25066164