314 N Broadway #1005Saint LouisMO63102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 314 N Broadway #1005, Saint Louis, MO, 63102 in Saint Louis worth modelling. At $117,900 with a 9.24% gross yield, the $908/mo rent leaves $174/mo after the $530/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.71 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $32,574 by year five; $1,086/yr in principal reduction adds further equity. Total projected return: $55,935.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.8% |
| Monthly Cash Flow | $174 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $908 |
| Total Monthly Debt Service | $687 |
| DSCR Ratio | 1.32x |
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.
Condo
Built in 1914
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63102, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 121 ( 6.5%) |
| Renter Occupied HU | 1,263 (68.3%) |
| Vacant Housing Units | 466 (25.2%) |
| Median Home Value | $197,837 |
| Average Home Value | $211,777 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
15
Multi-Family
1,697
Businesses
504
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
Condo
Built in 1914
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63102, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 121 ( 6.5%) |
| Renter Occupied HU | 1,263 (68.3%) |
| Vacant Housing Units | 466 (25.2%) |
| Median Home Value | $197,837 |
| Average Home Value | $211,777 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
15
Multi-Family
1,697
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynne Steinert • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25072586