603 Westgate Ave #603CSaint LouisMO63130
INVESTMENT ANALYSIS
Investment Verdict
Solid Income603 Westgate Ave #603C, Saint Louis, MO, 63130 in Saint Louis earns a respectable 8.32% gross yield at $217,500, but after the $978/mo mortgage the net cash flow is $153/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.54) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $60,091 over five years, making equity the dominant return driver. Total projected return: $92,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.8% |
| Monthly Cash Flow | $153 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,508 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.19x |
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.
Townhouse
Built in 2008
827.64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63130, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,336 (100%) |
| Owner Occupied HU | 7,221 (50.4%) |
| Renter Occupied HU | 5,323 (37.1%) |
| Vacant Housing Units | 1,792 (12.5%) |
| Median Home Value | $357,176 |
| Average Home Value | $434,896 |
Housing Distribution
Address Breakdown
Residential
13,329
Single Family
10,404
Multi-Family
2,925
Businesses
700
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
Townhouse
Built in 2008
827.64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63130, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,336 (100%) |
| Owner Occupied HU | 7,221 (50.4%) |
| Renter Occupied HU | 5,323 (37.1%) |
| Vacant Housing Units | 1,792 (12.5%) |
| Median Home Value | $357,176 |
| Average Home Value | $434,896 |
Housing Distribution
Address Breakdown
Residential
13,329
Single Family
10,404
Multi-Family
2,925
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy J Geppert • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25061489