7029 Cornell AveSaint LouisMO63130
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
Investment Highlights
Investment property for sale in Saint Louis at 7029 Cornell Ave, Saint Louis, MO, 63130 offers a 6.25% rental yield on a $600,000 purchase with $3,124/mo rent. 33% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 83.68% and total cumulative return in cash at $165,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,124/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
5,985 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63130, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,336 (100%) |
| Owner Occupied HU | 7,221 (50.4%) |
| Renter Occupied HU | 5,323 (37.1%) |
| Vacant Housing Units | 1,792 (12.5%) |
| Median Home Value | $357,176 |
| Average Home Value | $434,896 |
Housing Distribution
Address Breakdown
Residential
13,329
Single Family
10,404
Multi-Family
2,925
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abbie Nadolny • Keller Williams Realty St. Louis
Mls Name: MARIS
Mls ID: #25032138