32 Carriage Ln #32Saint LouisMO63108
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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 32 Carriage Ln #32, Saint Louis, MO, 63108 listed at $315,000 pairs $2,767/mo rent with a $1,542/mo payment to leave $805/mo cash flow. Total monthly income runs $2,767/mo, and annual cash flow reaches $9,660/yr on $104,423 cash to close. Return on cash invested measures 29.16% in year one, and rental yield registers 10.54% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 152.49% and total cumulative return in cash totals $159,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,767/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63108, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,450 (100%) |
| Owner Occupied HU | 3,032 (21.0%) |
| Renter Occupied HU | 9,434 (65.3%) |
| Vacant Housing Units | 1,984 (13.7%) |
| Median Home Value | $409,318 |
| Average Home Value | $521,271 |
Housing Distribution
Address Breakdown
Residential
14,021
Single Family
3,189
Multi-Family
10,832
Businesses
1,041
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Listed by: Amy Mittelstadt • Coldwell Banker Realty - Gundaker
Mls Name: MARIS
Mls ID: #25065555