217 Carmel Woods DrBallwinMO63021
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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 Ballwin at 217 Carmel Woods Dr, Ballwin, MO, 63021 priced at $200,000 converts $1,438/mo rent into $192/mo cash flow after a $979/mo obligation. Total monthly income equals $1,438/mo, and annual cash flow totals $2,308/yr on $66,300 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 8.63% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 121.59% and total cumulative return in cash sums $80,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,438/mo property income covering a $979/mo payment, not borrower’s personal income.
Condo
Built in 1980
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
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