508 Coeur De Royale Dr APT 301Saint LouisMO63141
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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 508 Coeur De Royale Dr APT 301, Saint Louis, MO, 63141 generates $2,362/mo in rent and, after a $1,392/mo payment, leaves $591/mo in cash flow. Total monthly income is $2,362/mo, and annual cash flow is $7,088/yr on $94,312 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 9.96% on a $284,500 entry. Equity gained on principal adds $1,836/yr, while 5% annual appreciation builds toward $78,602 over five years. Five-year ROI reaches 143.2% and total cumulative return in cash sums $135,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,362/mo property income rather than buyer’s personal income.
Condo
Built in 1979
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63141, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,240 (100%) |
| Owner Occupied HU | 6,413 (69.4%) |
| Renter Occupied HU | 2,228 (24.1%) |
| Vacant Housing Units | 599 ( 6.5%) |
| Median Home Value | $601,830 |
| Average Home Value | $685,010 |
Housing Distribution
Address Breakdown
Residential
9,189
Single Family
6,815
Multi-Family
2,374
Businesses
2,089
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Listed by: Angie Denson • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25057642