402 Spears StSaint LouisMO63127
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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 402 Spears St, Saint Louis, MO, 63127 priced at $849,900 pairs $2,220/mo rent with after a $4,160/mo payment. Total monthly income equals $2,220/mo. Return on cash invested is 6.87% in year one, and rental yield stands at 3.13% on a $849,900 basis. Equity gained on principal adds $5,484/yr, and 5% annual appreciation accumulates to $234,812 by year five. Five-year ROI measures 32.94% and total cumulative return in cash reaches $92,114. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63127, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,141 (100%) |
| Owner Occupied HU | 1,654 (77.3%) |
| Renter Occupied HU | 358 (16.7%) |
| Vacant Housing Units | 129 ( 6.0%) |
| Median Home Value | $558,943 |
| Average Home Value | $585,038 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
1,846
Multi-Family
544
Businesses
554
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Listed by: Steve Bersche • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25081056