3209 Taft AveSaint LouisMO63111
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
Investment Highlights
Investment property for sale in Saint Louis at 3209 Taft Ave, Saint Louis, MO, 63111 uses $45,416 cash to close to unlock $1,972/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,018/mo, and a $671/mo payment keeps the spread at $164/mo. Purchase price stands at $137,000, and rental yield measures 8.92% with $1,018/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash records $57,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,018/mo property income covering a $671/mo payment rather than investor’s personal income.
Multi Family
Built in 1909
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63111, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,177 (100%) |
| Owner Occupied HU | 3,173 (31.2%) |
| Renter Occupied HU | 4,741 (46.6%) |
| Vacant Housing Units | 2,263 (22.2%) |
| Median Home Value | $140,836 |
| Average Home Value | $196,941 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
6,880
Multi-Family
1,774
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie M Ponder • Exit Elite Realty
Mls Name: MARIS
Mls ID: #25076886