241 Reedway LnSaint LouisMO63122
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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 Saint Louis at 241 Reedway Ln, Saint Louis, MO, 63122 offers a 3.8% rental yield on a $1,080,000 purchase with $3,420/mo rent. 03% in year one. Equity gained on principal adds $6,969/yr while 5% annual appreciation supports $298,384 over five years. Portfolio math shows five-year ROI at 44.47% and total cumulative return in cash at $155,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $5,286/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63122, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,623 (100%) |
| Owner Occupied HU | 13,487 (76.5%) |
| Renter Occupied HU | 3,144 (17.8%) |
| Vacant Housing Units | 992 ( 5.6%) |
| Median Home Value | $513,877 |
| Average Home Value | $581,121 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
14,892
Multi-Family
2,480
Businesses
1,404
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Listed by: Jason D Cooper • Compass Realty Group
Mls Name: MARIS
Mls ID: #25047996