2230 Glenoro DrFlorissantMO63033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2230 Glenoro Dr, Florissant, MO, 63033 in Florissant speaks for itself: 11.72% gross on a $196,000 price, generating $1,914/mo in rent and $693/mo in net income after the $881/mo debt service. DSCR 2.17, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,320 stacks alongside $54,151 in projected five-year appreciation and $1,805/yr in principal reduction. Projected total cumulative return: $118,997.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.8% |
| Monthly Cash Flow | $693 | $450 |
City averages based on Florissant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.68x |
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 1966
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
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 1966
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Lytle • Opendoor Brokerage LLC
Mls Name: MARIS
Mls ID: #25075073