2320 Sommers Rd #XDU3BNOfallonMO63367
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2320 Sommers Rd #XDU3BN, Ofallon, MO, 63367 in Ofallon: $2,982/mo in rent, $657/mo in net income, 9.58% gross yield, 1.78 DSCR, all at $373,400. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $103,164 in appreciation and $3,439/yr in principal paydown projects total cumulative return of $183,935.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.5% |
| Monthly Cash Flow | $657 | $300 |
City averages based on Ofallon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,982 |
| Total Monthly Debt Service | $2,177 |
| DSCR Ratio | 1.37x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices