3008 Chippewa StSaint LouisMO63118
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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
Investment property for sale in Saint Louis at 3008 Chippewa St, Saint Louis, MO, 63118 listed at $110,000 pairs $863/mo rent with a $538/mo payment to leave $178/mo cash flow. Total monthly income runs $863/mo, and annual cash flow reaches $2,140/yr on $36,465 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 9.41% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 134.43% and total cumulative return in cash totals $49,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $863/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1920
4,114 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63118, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,649 (100%) |
| Owner Occupied HU | 4,229 (31.0%) |
| Renter Occupied HU | 6,470 (47.4%) |
| Vacant Housing Units | 2,950 (21.6%) |
| Median Home Value | $247,937 |
| Average Home Value | $263,916 |
Housing Distribution
Address Breakdown
Residential
10,835
Single Family
9,434
Multi-Family
1,401
Businesses
882
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Listed by: Dawn H Kilburg • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25054002