3324 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
Investment property for sale in Saint Louis at 3324 Michigan Ave, Saint Louis, MO, 63118 earns $364/mo cash flow from $1,236/mo rent with a $685/mo payment. Total monthly income totals $1,236/mo, and annual cash flow totals $4,374/yr on $46,377 capital. ROI tracks 29.34% on current figures, and rental yield reads 10.6% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 153.5% and total cumulative return in cash sums $71,187. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,236/mo property income instead of your personal income.
Single Family
Built in 1899
1,481 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: Adam D Roberts • Magnolia Manor Realty, LLC
Mls Name: MARIS
Mls ID: #25043294