705 Bates StSaint LouisMO63111
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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
Rental property for sale in Saint Louis at 705 Bates St, Saint Louis, MO, 63111 priced at $190,000 pairs $2,040/mo rent with $857/mo cash flow after a $930/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $10,280/yr on $62,985 invested. Return on cash invested is 36.23% in year one, and rental yield stands at 12.88% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 190.43% and total cumulative return in cash reaches $119,940. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1916
3,563 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63111, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,177 (100%) |
| Owner Occupied HU | 3,173 (31.2%) |
| Renter Occupied HU | 4,741 (46.6%) |
| Vacant Housing Units | 2,263 (22.2%) |
| Median Home Value | $140,836 |
| Average Home Value | $196,941 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
6,880
Multi-Family
1,774
Businesses
484
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Listed by: Nikki Stanojevic • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25082023