328-340 Velde StCreve CoeurIL61610
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play328-340 Velde St, Creve Coeur, IL, 61610 in Creve Coeur is priced for appreciation, not yield. Rental yield 4.61%. At $262,000 with a 4.61% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $72,386 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $48,042.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(812) | $1,200 |
City averages based on Creve Coeur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,006 |
| Total Monthly Debt Service | $1,713 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61610, Creve Coeur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,408 (100%) |
| Owner Occupied HU | 1,585 (65.8%) |
| Renter Occupied HU | 541 (22.5%) |
| Vacant Housing Units | 282 (11.7%) |
| Median Home Value | $84,419 |
| Average Home Value | $100,315 |
Housing Distribution
Address Breakdown
Residential
2,304
Single Family
2,304
Multi-Family
0
Businesses
102
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
Multi Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61610, Creve Coeur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,408 (100%) |
| Owner Occupied HU | 1,585 (65.8%) |
| Renter Occupied HU | 541 (22.5%) |
| Vacant Housing Units | 282 (11.7%) |
| Median Home Value | $84,419 |
| Average Home Value | $100,315 |
Housing Distribution
Address Breakdown
Residential
2,304
Single Family
2,304
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices