4909 Laclede Ave APT 1605Saint louisMO63108
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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 4909 Laclede Ave APT 1605, Saint louis, MO, 63108 generates $1,388/mo in rent, after a $1,835/mo payment. Total monthly income is $1,388/mo. Return on cash invested sits at 10.77% in year one, and rental yield is 4.44% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 53.87% and total cumulative return in cash sums $66,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,388/mo property income rather than buyer’s personal income.
Condo
Built in 2006
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
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Listed by: Sabih H Javed • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25071272