1644 Florine BlvdSaint 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 1644 Florine Blvd, Saint Charles, MO, 63303 offers a 9.29% rental yield on a $179,900 purchase with $1,393/mo rent. Total monthly income registers $1,393/mo, and a $881/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,266/yr on $59,637 to close, and return on cash invested stands at 25.38% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 132.32% and total cumulative return in cash at $78,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
453.02 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: Valerie Winkler • RE/MAX Best Choice St. Louis
Mls Name: MARIS
Mls ID: #25074557