2 Nassau DrSaint LouisMO63124
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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
Rental property for sale in Saint Louis at 2 Nassau Dr, Saint Louis, MO, 63124 priced at $969,900 converts $7,801/mo rent into $1,761/mo cash flow after a $4,747/mo obligation. Total monthly income equals $7,801/mo, and annual cash flow totals $21,130/yr on $319,097 invested. Return on cash invested prints 26.68% in year one, and rental yield reads 9.65% against a $969,900 entry. Equity gained on principal adds $6,259/yr, while 5% annual appreciation compiles into $267,965 by year five. Five-year ROI reaches 139.18% and total cumulative return in cash sums $444,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,801/mo property income covering a $4,747/mo payment, not borrower’s personal income.
Single Family
Built in 1951
10,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63124, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,820 (100%) |
| Owner Occupied HU | 3,257 (67.6%) |
| Renter Occupied HU | 1,051 (21.8%) |
| Vacant Housing Units | 512 (10.6%) |
| Median Home Value | $857,671 |
| Average Home Value | $1,052,382 |
Housing Distribution
Address Breakdown
Residential
4,984
Single Family
3,551
Multi-Family
1,433
Businesses
357
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Listed by: Miriam C Matlock • Keller Williams Realty St. Louis
Mls Name: MARIS
Mls ID: #25051444