2829 Merrell DrSaint 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
Rental property for sale in Saint Louis at 2829 Merrell Dr, Saint Louis, MO, 63125 offers $1,472/mo rent that, after a $1,038/mo payment, leaves $121/mo cash flow. Total monthly income is $1,472/mo, and annual cash flow is $1,453/yr on $70,278 cash. Return on cash invested measures 21.98% in year one, and rental yield stands at 8.33% at a $212,000 entry. Equity gained on principal adds $1,368/yr while 5% annual appreciation compounds into $58,572 by year five. Five-year ROI records 114.24% and total cumulative return in cash reaches $80,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,472/mo property income versus a $1,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
10,149 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: Kelly M Hobbs • Real Broker LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #25021102
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