2460 6th LnFlorissantMO63031
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
Investment Highlights
Investment property for sale in Florissant at 2460 6th Ln, Florissant, MO, 63031 earns $309/mo cash flow from $1,417/mo rent with a $871/mo payment. Total monthly income totals $1,417/mo, and annual cash flow totals $3,706/yr on $58,974 capital. ROI tracks 26.19% on current figures, and rental yield reads 9.56% at a $177,900 purchase. Equity gained on principal adds $1,148/yr, and 5% annual appreciation supports $49,150 over five years. Five-year ROI reaches 136.61% and total cumulative return in cash sums $80,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,417/mo property income instead of your personal income.
Single Family
Built in 1960
7,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63031, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,080 (100%) |
| Owner Occupied HU | 13,094 (65.2%) |
| Renter Occupied HU | 5,830 (29.0%) |
| Vacant Housing Units | 1,156 ( 5.8%) |
| Median Home Value | $168,493 |
| Average Home Value | $236,991 |
Housing Distribution
Address Breakdown
Residential
18,929
Single Family
17,115
Multi-Family
1,814
Businesses
794
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Wagner • Lux Properties
Mls Name: MARIS
Mls ID: #25049538