24 Lantern LaneLake St LouisMO63367
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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 Lake St Louis at 24 Lantern Lane, Lake St Louis, MO, 63367 earns $115/mo cash flow from $1,422/mo rent with a $1,027/mo payment. Total monthly income totals $1,422/mo, and annual cash flow totals $1,382/yr on $69,582 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.13% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash sums $79,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,422/mo property income instead of your personal income.
Condo
Built in 1971
448.67 sqft 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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Listed by: Deana LaPlante • Fathom Realty-St. Louis
Mls Name: MARIS
Mls ID: #25044600