505 Wheatfield CirO'FallonMO63385
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 505 Wheatfield Cir, O'Fallon, MO, 63385 in O'Fallon: $2,760/mo in rent, $297/mo in net income, 8.59% gross yield, 1.59 DSCR, all at $385,418. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $106,484 in appreciation and $3,550/yr in principal paydown projects total cumulative return of $169,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.5% |
| Monthly Cash Flow | $297 | $300 |
City averages based on O'Fallon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $2,247 |
| DSCR Ratio | 1.23x |
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.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63385, Wentzville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,599 (100%) |
| Owner Occupied HU | 16,776 (81.4%) |
| Renter Occupied HU | 3,305 (16.0%) |
| Vacant Housing Units | 518 ( 2.5%) |
| Median Home Value | $366,421 |
| Average Home Value | $397,409 |
Housing Distribution
Address Breakdown
Residential
20,393
Single Family
19,431
Multi-Family
962
Businesses
1,129
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
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63385, Wentzville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,599 (100%) |
| Owner Occupied HU | 16,776 (81.4%) |
| Renter Occupied HU | 3,305 (16.0%) |
| Vacant Housing Units | 518 ( 2.5%) |
| Median Home Value | $366,421 |
| Average Home Value | $397,409 |
Housing Distribution
Address Breakdown
Residential
20,393
Single Family
19,431
Multi-Family
962
Businesses
1,129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices