3224 Lafayette AveSaint LouisMO63104
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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 3224 Lafayette Ave, Saint Louis, MO, 63104 listed at $599,900 pairs $2,222/mo rent with a $2,936/mo payment. Total monthly income runs $2,222/mo. Return on cash invested measures 10.86% in year one, and rental yield registers 4.44% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 54.33% and total cumulative return in cash totals $107,236. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,222/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1903
5,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63104, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,429 (100%) |
| Owner Occupied HU | 3,773 (33.0%) |
| Renter Occupied HU | 5,853 (51.2%) |
| Vacant Housing Units | 1,803 (15.8%) |
| Median Home Value | $340,630 |
| Average Home Value | $370,512 |
Housing Distribution
Address Breakdown
Residential
10,558
Single Family
7,106
Multi-Family
3,452
Businesses
690
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Listed by: Antione T Lawrence • Ascend Real Estate Advisors
Mls Name: MARIS
Mls Provider:
Mls ID: #25017409
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