4704 Michigan AveSaint LouisMO63111
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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 4704 Michigan Ave, Saint Louis, MO, 63111 generates $1,055/mo in rent, after a $905/mo payment. Total monthly income is $1,055/mo. Return on cash invested sits at 18.02% in year one, and rental yield is 6.84% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 92.81% and total cumulative return in cash sums $56,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,055/mo property income rather than buyer’s personal income.
Multi Family
Built in 1895
2,561 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63111, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,177 (100%) |
| Owner Occupied HU | 3,173 (31.2%) |
| Renter Occupied HU | 4,741 (46.6%) |
| Vacant Housing Units | 2,263 (22.2%) |
| Median Home Value | $140,836 |
| Average Home Value | $196,941 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
6,880
Multi-Family
1,774
Businesses
484
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Listed by: Joe Geary • Nettwork Global
Mls Name: MARIS
Mls Provider:
Mls ID: #25034344
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