1706 Hemingway Ln #ESaint CharlesMO63304
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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 1706 Hemingway Ln #E, Saint Charles, MO, 63304 uses $73,759 cash to close to unlock $412/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,089/mo payment keeps the spread at $34/mo. Purchase price stands at $222,500, and rental yield measures 10.36% with $1,920/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 108.88% and total cumulative return in cash records $80,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,089/mo payment rather than investor’s personal income.
Condo
Built in 1986
845.06 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
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Listed by: Madison Hayes • BHHS Select Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #25022199
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