246 Wachtel AveSaint LouisMO63125
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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 246 Wachtel Ave, Saint Louis, MO, 63125 uses $33,150 cash to close to unlock $2,048/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $793/mo, and a $489/mo payment keeps the spread at $171/mo. Purchase price stands at $100,000, and rental yield measures 9.52% with $793/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 136.05% and total cumulative return in cash records $45,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $793/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1860
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63125, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,957 (100%) |
| Owner Occupied HU | 9,991 (66.8%) |
| Renter Occupied HU | 4,067 (27.2%) |
| Vacant Housing Units | 899 ( 6.0%) |
| Median Home Value | $187,385 |
| Average Home Value | $208,432 |
Housing Distribution
Address Breakdown
Residential
14,373
Single Family
11,847
Multi-Family
2,526
Businesses
791
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Listed by: Laurie B Wuestling • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25078186