530 Nirk Ave APT FSaint LouisMO63122
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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
Investment property for sale in Saint Louis at 530 Nirk Ave APT F, Saint Louis, MO, 63122 with 5% annual appreciation on a $174,900 basis while $1,366/mo rent supports operations. Total monthly income totals $1,366/mo and a $856/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,322/yr on $57,979 deployed, and return on cash invested reaches 25.64% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 9.37%. Five-year ROI measures 133.64% and total cumulative return in cash totals $77,484.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,366/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
1,981 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63122, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,623 (100%) |
| Owner Occupied HU | 13,487 (76.5%) |
| Renter Occupied HU | 3,144 (17.8%) |
| Vacant Housing Units | 992 ( 5.6%) |
| Median Home Value | $513,877 |
| Average Home Value | $581,121 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
14,892
Multi-Family
2,480
Businesses
1,404
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Listed by: Allen Brake • Allen Brake Real Estate
Mls Name: MARIS
Mls ID: #25069101