639 Locksley PlSaint 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 639 Locksley Pl, Saint Louis, MO, 63119 offers $3,000/mo rent that, after a $4,841/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 8.41% in year one, and rental yield stands at 3.64% at a $989,000 entry. Equity gained on principal adds $6,382/yr while 5% annual appreciation compounds into $273,242 by year five. Five-year ROI records 41.19% and total cumulative return in cash reaches $134,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $4,841/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.41 Acres 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: Alyssa M Suntrup • Gladys Manion, Inc.
Mls Name: MARIS
Mls ID: #25058448