702 Lofty Point Dr APT CBallwinMO63021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 702 Lofty Point Dr APT C, Ballwin, MO, 63021 in Ballwin achieves 1.88, rent of $1,506/mo covers the $800/mo payment 1.5x over at $178,000. Rental yield 10.15%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $49,178 over five years, with $1,639/yr in principal reduction bringing total projected return to $93,143.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.2% |
| Monthly Cash Flow | $(82) | $1,850 |
City averages based on Ballwin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,506 |
| Total Monthly Debt Service | $1,038 |
| DSCR Ratio | 1.45x |
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.
Condo
Built in 1984
5,336 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
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
Condo
Built in 1984
5,336 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63021, Ballwin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,099 (100%) |
| Owner Occupied HU | 17,978 (77.8%) |
| Renter Occupied HU | 4,353 (18.8%) |
| Vacant Housing Units | 768 ( 3.3%) |
| Median Home Value | $359,944 |
| Average Home Value | $393,028 |
Housing Distribution
Address Breakdown
Residential
22,766
Single Family
20,652
Multi-Family
2,114
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices