538 Nirk Ave APT ESaint 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 538 Nirk Ave APT E, Saint Louis, MO, 63122 listed at $169,900 pairs $1,337/mo rent with a $832/mo payment to leave $278/mo cash flow. Total monthly income runs $1,337/mo, and annual cash flow reaches $3,342/yr on $56,322 cash to close. Return on cash invested measures 25.84% in year one, and rental yield registers 9.44% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 134.74% and total cumulative return in cash totals $75,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,337/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Beth A Smith • RE/MAX Results
Mls Name: MARIS
Mls ID: #25076519