34 Melanie CtSaint CharlesMO63304
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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 Charles at 34 Melanie Ct, Saint Charles, MO, 63304 offers $3,161/mo rent that, after a $2,251/mo payment, leaves $297/mo cash flow. Total monthly income is $3,161/mo, and annual cash flow is $3,562/yr on $152,457 cash. Return on cash invested measures 22.25% in year one, and rental yield stands at 8.25% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 115.42% and total cumulative return in cash reaches $175,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,161/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63304, Saint Charles, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,153 (100%) |
| Owner Occupied HU | 14,356 (83.7%) |
| Renter Occupied HU | 2,290 (13.4%) |
| Vacant Housing Units | 507 ( 3.0%) |
| Median Home Value | $364,905 |
| Average Home Value | $408,403 |
Housing Distribution
Address Breakdown
Residential
16,807
Single Family
16,028
Multi-Family
779
Businesses
948
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Listed by: Jeffrey L Harger • ReeceNichols Real Estate
Mls Name: MARIS
Mls ID: #25070594