2346 Albion PlSaint LouisMO63104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2346 Albion Pl, Saint Louis, MO, 63104 in Saint Louis fits: $875,000, 2.59% gross yield, and a projected 5% annual appreciation rate adding $241,746 in value within five years. Rental yield 2.59%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.48) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $8,059/yr in principal paydown and $241,746 in appreciation project a total return of $102,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.8% |
| Monthly Cash Flow | $(3,562) | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,888 |
| Total Monthly Debt Service | $5,101 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1891
5,941 sqft 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
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 1891
5,941 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MARIS
Mls ID: #26013931