3114 Edwards Pl APT 304Maryland HeightsMO63043
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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 Maryland Heights at 3114 Edwards Pl APT 304, Maryland Heights, MO, 63043 uses $41,272 cash to close to unlock $2,508/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $984/mo, and a $609/mo payment keeps the spread at $209/mo. Purchase price stands at $124,500, and rental yield measures 9.48% with $984/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $34,397 over five years. Five-year ROI reaches 135.44% and total cumulative return in cash records $55,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $609/mo payment rather than investor’s personal income.
Condo
Built in 1988
2,591 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63043, Maryland Heights, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,113 (100%) |
| Owner Occupied HU | 6,596 (65.2%) |
| Renter Occupied HU | 2,960 (29.3%) |
| Vacant Housing Units | 557 ( 5.5%) |
| Median Home Value | $225,867 |
| Average Home Value | $275,033 |
Housing Distribution
Address Breakdown
Residential
9,645
Single Family
8,261
Multi-Family
1,384
Businesses
1,086
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Listed by: Adam J Brandvein • Austin Realty
Mls Name: MARIS
Mls ID: #25055082