3 Wild Ridge Estates Turnberry CtFlorissantMO63033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3 Wild Ridge Estates Turnberry Ct, Florissant, MO, 63033 in Florissant hard to pass up. The 11.55% gross yield on a $279,900 purchase results in $2,694/mo in rent and $951/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $11,410, five-year appreciation of $77,331, and $2,578/yr in equity build-up combine for a projected total cumulative return of $167,344.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $951 | $450 |
City averages based on Florissant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,694 |
| Total Monthly Debt Service | $1,632 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
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
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Busby • RE/MAX Results
Mls Name: MARIS
Mls ID: #22067142