314 N Broadway Ave UNIT 604Saint 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
Rental property for sale in Saint Louis at 314 N Broadway Ave UNIT 604, Saint Louis, MO, 63102 generates $1,110/mo in rent and, after a $707/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,110/mo, and annual cash flow is $2,524/yr on $47,902 invested. Return on cash invested sits at 25.18% in year one, and rental yield is 9.22% on a $144,500 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation builds toward $39,923 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash sums $62,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,110/mo property income rather than buyer’s personal income.
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: Jaime Gerken • Platinum Realty of St. Louis
Mls Name: MARIS
Mls ID: #25068247