350 Naomi AveFlorissantMO63031
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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 Florissant at 350 Naomi Ave, Florissant, MO, 63031 priced at $240,000 pairs $1,962/mo rent with $467/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,962/mo, and annual cash flow comes to $5,604/yr on $79,560 invested. Return on cash invested is 26.95% in year one, and rental yield stands at 9.81% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 140.65% and total cumulative return in cash reaches $111,902. For financing, Ziffy Mortgage’s DSCR program evaluates $1,962/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63031, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,080 (100%) |
| Owner Occupied HU | 13,094 (65.2%) |
| Renter Occupied HU | 5,830 (29.0%) |
| Vacant Housing Units | 1,156 ( 5.8%) |
| Median Home Value | $168,493 |
| Average Home Value | $236,991 |
Housing Distribution
Address Breakdown
Residential
18,929
Single Family
17,115
Multi-Family
1,814
Businesses
794
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Listed by: Sherry M Ruyle • Meyer & Company Real Estate
Mls Name: MARIS
Mls ID: #25061234