314 N Broadway Ave #1102Saint LouisMO63102
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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 314 N Broadway Ave #1102, Saint Louis, MO, 63102 offers a 9.43% rental yield on a $162,900 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $797/mo payment leaves $266/mo available for distribution. Annual cash flow reaches $3,190/yr on $54,001 to close, and return on cash invested stands at 25.82% in year one. Equity gained on principal adds $1,051/yr while 5% annual appreciation supports $45,006 over five years. Portfolio math shows five-year ROI at 134.57% and total cumulative return in cash at $72,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Elliott J Black • Sold in the Lou
Mls Name: MARIS
Mls ID: #25069762