617 N Elm AveSaint LouisMO63119
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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
Rental property for sale in Saint Louis at 617 N Elm Ave, Saint Louis, MO, 63119 generates $2,281/mo in rent and, after a $1,566/mo payment, leaves $288/mo in cash flow. Total monthly income is $2,281/mo, and annual cash flow is $3,460/yr on $106,080 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 8.55% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash sums $127,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,618 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: Mila Schumacher • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25065933