6240 Sunshine Dr APT 2ASaint LouisMO63109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Saint Louis rental at 6240 Sunshine Dr APT 2A, Saint Louis, MO, 63109 sits in the solid-income band: 10.47% gross yield, $2,312/mo rent, $280/mo net after the $1,192/mo debt service, DSCR 1.94. Entry price of $265,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $73,215 and $2,441/yr in principal reduction bring total cumulative return to $120,175.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.8% |
| Monthly Cash Flow | $280 | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,312 |
| Total Monthly Debt Service | $1,927 |
| DSCR Ratio | 1.20x |
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.
Single Family
Built in 2004
N/A lot
$N/A/sqft
$320 monthly HOA
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
Single Family
Built in 2004
N/A lot
$N/A/sqft
$320 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary J Randazzo • Realty Executives of St. Louis
Mls Name: MARIS
Mls Provider:
Mls ID: #25048570
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