709 S Skinker Blvd APT 703Saint LouisMO63105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow709 S Skinker Blvd APT 703, Saint Louis, MO, 63105 in Saint Louis carries a 2.05 coverage ratio, rent of $2,772/mo is 2.05 times the $1,349/mo payment. Rental yield 11.09%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $300,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $82,884; total projected cumulative return: $171,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.8% |
| Monthly Cash Flow | $(439) | $450 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,772 |
| Total Monthly Debt Service | $1,749 |
| DSCR Ratio | 1.58x |
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63105, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,117 (50.1%) |
| Renter Occupied HU | 3,052 (37.2%) |
| Vacant Housing Units | 1,045 (12.7%) |
| Median Home Value | $754,635 |
| Average Home Value | $864,005 |
Housing Distribution
Address Breakdown
Residential
7,179
Single Family
2,898
Multi-Family
4,281
Businesses
1,809
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 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63105, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,117 (50.1%) |
| Renter Occupied HU | 3,052 (37.2%) |
| Vacant Housing Units | 1,045 (12.7%) |
| Median Home Value | $754,635 |
| Average Home Value | $864,005 |
Housing Distribution
Address Breakdown
Residential
7,179
Single Family
2,898
Multi-Family
4,281
Businesses
1,809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Kruse • The Hermann London Group LLC
Mls Name: MARIS
Mls ID: #26006608