2320 Rutger St APT ESaint LouisMO63104
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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
Investment property for sale in Saint Louis at 2320 Rutger St APT E, Saint Louis, MO, 63104 uses $57,979 cash to close to unlock $6,010/yr annual cash flow and $501/mo monthly cash flow. Total monthly income runs $1,590/mo, and a $856/mo payment keeps the spread at $501/mo. Purchase price stands at $174,900, and rental yield measures 10.91% with $1,590/mo rent. Return on cash invested shows 30.27% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 158.5% and total cumulative return in cash records $91,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,590/mo property income covering a $856/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63104, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,429 (100%) |
| Owner Occupied HU | 3,773 (33.0%) |
| Renter Occupied HU | 5,853 (51.2%) |
| Vacant Housing Units | 1,803 (15.8%) |
| Median Home Value | $340,630 |
| Average Home Value | $370,512 |
Housing Distribution
Address Breakdown
Residential
10,558
Single Family
7,106
Multi-Family
3,452
Businesses
690
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Listed by: Mike P Palermo • Compass Realty Group
Mls Name: MARIS
Mls ID: #25046851