31 Picardy DrLake Saint LouisMO63367
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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 Lake Saint Louis at 31 Picardy Dr, Lake Saint Louis, MO, 63367 priced at $400,000 converts $3,133/mo rent into $550/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,133/mo, and annual cash flow totals $6,596/yr on $132,600 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 9.4% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 129.88% and total cumulative return in cash sums $172,216. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,133/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1986
9,665 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63367, Lake Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,707 (100%) |
| Owner Occupied HU | 9,464 (74.5%) |
| Renter Occupied HU | 2,567 (20.2%) |
| Vacant Housing Units | 676 ( 5.3%) |
| Median Home Value | $422,527 |
| Average Home Value | $461,911 |
Housing Distribution
Address Breakdown
Residential
11,959
Single Family
11,024
Multi-Family
935
Businesses
478
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Listed by: Evelyn M Krazer • Sunshine Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24038726
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