6947 Groveland DrSaint LouisMO63121
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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 6947 Groveland Dr, Saint Louis, MO, 63121 uses $61,328 cash to close to unlock $3,292/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $905/mo payment keeps the spread at $274/mo. Purchase price stands at $185,000, and rental yield measures 9.25% with $1,426/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 131.73% and total cumulative return in cash records $80,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,671 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63121, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,264 (100%) |
| Owner Occupied HU | 5,029 (41.0%) |
| Renter Occupied HU | 4,785 (39.0%) |
| Vacant Housing Units | 2,450 (20.0%) |
| Median Home Value | $119,134 |
| Average Home Value | $239,194 |
Housing Distribution
Address Breakdown
Residential
10,853
Single Family
9,159
Multi-Family
1,694
Businesses
481
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Listed by: Mark Fowler • Gateway Realty Solutions
Mls Name: MARIS
Mls ID: #25073826