502 Oak Ridge Trails CtBallwinMO63021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 502 Oak Ridge Trails Ct, Ballwin, MO, 63021 in Ballwin: $2,952/mo in rent, $517/mo net, 11.45% gross yield, all on a $309,400 acquisition. The 2.12 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $85,482 in value, and $2,850/yr in principal paydown steadily builds equity. Projected total cumulative return: $152,887.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.2% |
| Monthly Cash Flow | $517 | $1,850 |
City averages based on Ballwin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,952 |
| Total Monthly Debt Service | $2,312 |
| DSCR Ratio | 1.28x |
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 1988
0.32 Acres lot
$N/A/sqft
$508 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
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 1988
0.32 Acres lot
$N/A/sqft
$508 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Whittier • Whittier Realty Group
Mls Name: MARIS
Mls Provider:
Mls ID: #25043012
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