6511 Heege RdSaint LouisMO63123
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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 6511 Heege Rd, Saint Louis, MO, 63123 offers a 9.87% rental yield on a $245,000 purchase with $2,016/mo rent. Total monthly income registers $2,016/mo, and a $1,199/mo payment leaves $490/mo available for distribution. Annual cash flow reaches $5,884/yr on $81,218 to close, and return on cash invested stands at 27.15% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 141.78% and total cumulative return in cash at $115,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,016/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63123, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,662 (100%) |
| Owner Occupied HU | 16,577 (70.1%) |
| Renter Occupied HU | 5,902 (24.9%) |
| Vacant Housing Units | 1,183 ( 5.0%) |
| Median Home Value | $227,729 |
| Average Home Value | $271,454 |
Housing Distribution
Address Breakdown
Residential
23,155
Single Family
19,293
Multi-Family
3,862
Businesses
941
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Listed by: Angela Jett • Realty Matters
Mls Name: MARIS
Mls ID: #25082381