229 Mar El CtBallwinMO63011
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
Investment Highlights
Rental property for sale in Ballwin at 229 Mar El Ct, Ballwin, MO, 63011 priced at $375,000 converts $2,713/mo rent into $378/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,713/mo, and annual cash flow totals $4,536/yr on $124,313 invested. Return on cash invested prints 23.56% in year one, and rental yield reads 8.68% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 122.44% and total cumulative return in cash sums $152,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,713/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63011, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,451 (100%) |
| Owner Occupied HU | 12,199 (79.0%) |
| Renter Occupied HU | 2,602 (16.8%) |
| Vacant Housing Units | 650 ( 4.2%) |
| Median Home Value | $377,585 |
| Average Home Value | $408,442 |
Housing Distribution
Address Breakdown
Residential
14,988
Single Family
13,839
Multi-Family
1,149
Businesses
1,289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices