4 Covington LnSaint LouisMO63132
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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 4 Covington Ln, Saint Louis, MO, 63132 priced at $559,900 pairs $1,620/mo rent with after a $2,740/mo payment. Total monthly income equals $1,620/mo. Return on cash invested is 7.9% in year one, and rental yield stands at 3.47% on a $559,900 basis. Equity gained on principal adds $3,613/yr, and 5% annual appreciation accumulates to $154,690 by year five. Five-year ROI measures 38.47% and total cumulative return in cash reaches $70,870. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $2,740/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63132, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,659 (100%) |
| Owner Occupied HU | 3,367 (50.6%) |
| Renter Occupied HU | 2,646 (39.7%) |
| Vacant Housing Units | 646 ( 9.7%) |
| Median Home Value | $414,155 |
| Average Home Value | $474,960 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
4,589
Multi-Family
1,053
Businesses
1,233
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Listed by: Elizabeth C Southern • Dielmann Sotheby's International Realty
Mls Name: MARIS
Mls ID: #25052929