27 Kassebaum Ln APT 202Saint LouisMO63129
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
Rental property for sale in Saint Louis at 27 Kassebaum Ln APT 202, Saint Louis, MO, 63129 generates $1,844/mo in rent and, after a $905/mo payment, leaves $692/mo in cash flow. Total monthly income is $1,844/mo, and annual cash flow is $8,308/yr on $61,328 invested. Return on cash invested sits at 33.46% in year one, and rental yield is 11.96% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 175.58% and total cumulative return in cash sums $107,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Condo
Built in 2009
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63129, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,519 (100%) |
| Owner Occupied HU | 17,371 (77.1%) |
| Renter Occupied HU | 4,425 (19.7%) |
| Vacant Housing Units | 723 ( 3.2%) |
| Median Home Value | $306,600 |
| Average Home Value | $348,667 |
Housing Distribution
Address Breakdown
Residential
22,299
Single Family
19,307
Multi-Family
2,992
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin M Taylor • The Agency
Mls Name: MARIS
Mls ID: #25063932