2390 Grassland DrFlorissantMO63033
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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 Florissant at 2390 Grassland Dr, Florissant, MO, 63033 offers a 9.31% rental yield on a $175,000 purchase with $1,358/mo rent. Total monthly income registers $1,358/mo, and a $857/mo payment leaves $268/mo available for distribution. Annual cash flow reaches $3,212/yr on $58,013 to close, and return on cash invested stands at 25.45% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 132.62% and total cumulative return in cash at $76,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,358/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
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Listed by: Cathy LeRoy • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #26004102