1908 Korando AveSaint LouisMO63114
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.09% yield at 1908 Korando Ave, Saint Louis, MO, 63114 in Saint Louis is solid, but the $607/mo payment compresses net cash flow to $182/mo at $135,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $37,298 by year five, and $1,243/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.69) without U.S. income documentation. Total projected return: $62,942.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.8% |
| Monthly Cash Flow | $182 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,023 |
| Total Monthly Debt Service | $787 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry L Haas • Realty Executives of St. Louis
Mls Name: MARIS
Mls ID: #26003433