3442 Gasconade StSaint 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 3442 Gasconade St, Saint Louis, MO, 63118 priced at $119,990 converts $1,206/mo rent into $459/mo cash flow after a $587/mo obligation. Total monthly income equals $1,206/mo, and annual cash flow totals $5,508/yr on $39,777 invested. Return on cash invested prints 33.76% in year one, and rental yield reads 12.06% against a $119,990 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,151 by year five. Five-year ROI reaches 177.28% and total cumulative return in cash sums $70,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,206/mo property income covering a $587/mo payment, not borrower’s personal income.
Multi Family
Built in 1923
3,998 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: Mandy Wong • Fortune Realty, LLC
Mls Name: MARIS
Mls ID: #25070276