6326 Michigan AveSaint LouisMO63111
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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 6326 Michigan Ave, Saint Louis, MO, 63111 listed at $275,000 pairs $2,710/mo rent with a $1,346/mo payment to leave $997/mo cash flow. Total monthly income runs $2,710/mo, and annual cash flow reaches $11,968/yr on $91,163 cash to close. Return on cash invested measures 33.04% in year one, and rental yield registers 11.83% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 173.33% and total cumulative return in cash totals $158,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,710/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1888
3,423 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63111, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,177 (100%) |
| Owner Occupied HU | 3,173 (31.2%) |
| Renter Occupied HU | 4,741 (46.6%) |
| Vacant Housing Units | 2,263 (22.2%) |
| Median Home Value | $140,836 |
| Average Home Value | $196,941 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
6,880
Multi-Family
1,774
Businesses
484
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Listed by: Megan E Bozoarth • Nettwork Global
Mls Name: MARIS
Mls ID: #25070261