2478 Carousel CtFlorissantMO63031
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 2478 Carousel Ct, Florissant, MO, 63031 offers a 9.4% rental yield on a $152,000 purchase with $1,191/mo rent. Total monthly income registers $1,191/mo, and a $744/mo payment leaves $189/mo available for distribution. Annual cash flow reaches $2,268/yr on $50,388 to close, and return on cash invested stands at 24.41% in year one. Equity gained on principal adds $981/yr while 5% annual appreciation supports $41,995 over five years. Portfolio math shows five-year ROI at 127.5% and total cumulative return in cash at $64,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,191/mo property income against a $744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,501 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: Kelly A Militzer • The Hermann London Group LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25024545
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)