6038 Columbia AveSaint LouisMO63139
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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 6038 Columbia Ave, Saint Louis, MO, 63139 uses $91,129 cash to close to unlock $3,582/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $2,010/mo, and a $1,346/mo payment keeps the spread at $298/mo. Purchase price stands at $274,900, and rental yield measures 8.77% with $2,010/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash records $112,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1924
3,811 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63139, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,234 (100%) |
| Owner Occupied HU | 6,570 (53.7%) |
| Renter Occupied HU | 4,478 (36.6%) |
| Vacant Housing Units | 1,186 ( 9.7%) |
| Median Home Value | $231,633 |
| Average Home Value | $255,613 |
Housing Distribution
Address Breakdown
Residential
12,247
Single Family
10,951
Multi-Family
1,296
Businesses
689
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Listed by: Mike P Palermo • Compass Realty Group
Mls Name: MARIS
Mls ID: #25076879