605 Westgate Ave #605BSaint LouisMO63130
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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 605 Westgate Ave #605B, Saint Louis, MO, 63130 uses $38,123 cash to close to unlock $2,144/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $895/mo, and a $563/mo payment keeps the spread at $179/mo. Purchase price stands at $115,000, and rental yield measures 9.34% with $895/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 133.08% and total cumulative return in cash records $50,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $895/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1928
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
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Listed by: Jeremy J Geppert • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25060370