6 Tarpon CtFlorissantMO63033
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
Investment Highlights
Rental property for sale in Florissant at 6 Tarpon Ct, Florissant, MO, 63033 priced at $139,900 converts $1,071/mo rent into $199/mo cash flow after a $685/mo obligation. Total monthly income equals $1,071/mo, and annual cash flow totals $2,394/yr on $46,377 invested. Return on cash invested prints 25.07% in year one, and rental yield reads 9.19% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 130.6% and total cumulative return in cash sums $60,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,071/mo property income covering a $685/mo payment, not borrower’s personal income.
Condo
Built in 1991
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63033, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 10,869 (59.3%) |
| Renter Occupied HU | 5,935 (32.4%) |
| Vacant Housing Units | 1,537 ( 8.4%) |
| Median Home Value | $164,599 |
| Average Home Value | $182,286 |
Housing Distribution
Address Breakdown
Residential
17,409
Single Family
14,466
Multi-Family
2,943
Businesses
639
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Listed by: Tamika G Evans • Elevate Realty, LLC
Mls Name: MARIS
Mls ID: #25082407