711 Lofty Point Dr APT DBallwinMO63021
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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
Rental property for sale in Ballwin at 711 Lofty Point Dr APT D, Ballwin, MO, 63021 offers $1,660/mo rent that, after a $741/mo payment, leaves $385/mo cash flow. Total monthly income is $1,660/mo, and annual cash flow is $4,623/yr on $50,156 cash. Return on cash invested measures 29.13% in year one, and rental yield stands at 13.17% at a $151,300 entry. Equity gained on principal adds $976/yr while 5% annual appreciation compounds into $41,801 by year five. Five-year ROI records 155.26% and total cumulative return in cash reaches $77,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,660/mo property income versus a $741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1984
5,083 sqft lot
$N/A/sqft
$330 monthly 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
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