615 Cornell AveSaint LouisMO63119
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 Saint Louis at 615 Cornell Ave, Saint Louis, MO, 63119 priced at $134,900 pairs $1,054/mo rent with $214/mo cash flow after a $660/mo payment. Total monthly income equals $1,054/mo, and annual cash flow comes to $2,570/yr on $44,719 invested. Return on cash invested is 25.65% in year one, and rental yield stands at 9.38% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 133.81% and total cumulative return in cash reaches $59,837. For financing, Ziffy Mortgage’s DSCR program evaluates $1,054/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63119, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,458 (100%) |
| Owner Occupied HU | 11,084 (71.7%) |
| Renter Occupied HU | 3,452 (22.3%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $376,319 |
| Average Home Value | $439,587 |
Housing Distribution
Address Breakdown
Residential
14,893
Single Family
12,751
Multi-Family
2,142
Businesses
1,289
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Listed by: Elliott J Black • Sold in the Lou
Mls Name: MARIS
Mls ID: #25078538