4220 McPherson Ave APT 304Saint LouisMO63108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.6% yield at 4220 McPherson Ave APT 304, Saint Louis, MO, 63108 in Saint Louis is solid, but the $796/mo payment compresses net cash flow to $9/mo at $177,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $48,902 by year five, and $1,630/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $87,330.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.8% |
| Monthly Cash Flow | $9 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,416 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63108, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,450 (100%) |
| Owner Occupied HU | 3,032 (21.0%) |
| Renter Occupied HU | 9,434 (65.3%) |
| Vacant Housing Units | 1,984 (13.7%) |
| Median Home Value | $409,318 |
| Average Home Value | $521,271 |
Housing Distribution
Address Breakdown
Residential
14,021
Single Family
3,189
Multi-Family
10,832
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63108, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,450 (100%) |
| Owner Occupied HU | 3,032 (21.0%) |
| Renter Occupied HU | 9,434 (65.3%) |
| Vacant Housing Units | 1,984 (13.7%) |
| Median Home Value | $409,318 |
| Average Home Value | $521,271 |
Housing Distribution
Address Breakdown
Residential
14,021
Single Family
3,189
Multi-Family
10,832
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Hannigan • Keller Williams Chesterfield
Mls Name: MARIS
Mls ID: #26002472