3310 Michigan AveSaint LouisMO63118
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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 3310 Michigan Ave, Saint Louis, MO, 63118 priced at $345,000 pairs $2,702/mo rent with $553/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,702/mo, and annual cash flow comes to $6,636/yr on $114,368 invested. Return on cash invested is 25.71% in year one, and rental yield stands at 9.4% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 134% and total cumulative return in cash reaches $153,256. For financing, Ziffy Mortgage’s DSCR program evaluates $2,702/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1893
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63118, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,649 (100%) |
| Owner Occupied HU | 4,229 (31.0%) |
| Renter Occupied HU | 6,470 (47.4%) |
| Vacant Housing Units | 2,950 (21.6%) |
| Median Home Value | $247,937 |
| Average Home Value | $263,916 |
Housing Distribution
Address Breakdown
Residential
10,835
Single Family
9,434
Multi-Family
1,401
Businesses
882
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Listed by: Justin M Taylor • The Agency
Mls Name: MARIS
Mls ID: #25002082