318 N Dade AveSaint LouisMO63135
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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 318 N Dade Ave, Saint Louis, MO, 63135 priced at $145,000 converts $1,137/mo rent into $234/mo cash flow after a $710/mo obligation. Total monthly income equals $1,137/mo, and annual cash flow totals $2,804/yr on $48,068 invested. Return on cash invested prints 25.74% in year one, and rental yield reads 9.41% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 134.23% and total cumulative return in cash sums $64,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,137/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63135, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,808 (100%) |
| Owner Occupied HU | 4,607 (52.3%) |
| Renter Occupied HU | 3,052 (34.7%) |
| Vacant Housing Units | 1,149 (13.0%) |
| Median Home Value | $134,885 |
| Average Home Value | $202,740 |
Housing Distribution
Address Breakdown
Residential
7,987
Single Family
7,774
Multi-Family
213
Businesses
305
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Listed by: Denise Maxwell • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25080814