2320 Sommers Rd #CLT6LXOfallonMO63367
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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 Ofallon at 2320 Sommers Rd #CLT6LX, Ofallon, MO, 63367 offers a 8.97% rental yield on a $467,200 purchase with $3,493/mo rent. Total monthly income registers $3,493/mo, and a $2,287/mo payment leaves $583/mo available for distribution. Annual cash flow reaches $6,997/yr on $154,877 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $3,015/yr while 5% annual appreciation supports $129,079 over five years. Portfolio math shows five-year ROI at 127.14% and total cumulative return in cash at $196,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,493/mo property income against a $2,287/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63367, Lake Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,707 (100%) |
| Owner Occupied HU | 9,464 (74.5%) |
| Renter Occupied HU | 2,567 (20.2%) |
| Vacant Housing Units | 676 ( 5.3%) |
| Median Home Value | $422,527 |
| Average Home Value | $461,911 |
Housing Distribution
Address Breakdown
Residential
11,959
Single Family
11,024
Multi-Family
935
Businesses
478
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