718 Evans AveSaint LouisMO63122
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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 Saint Louis at 718 Evans Ave, Saint Louis, MO, 63122 generates $3,090/mo in rent and, after a $2,129/mo payment, leaves $381/mo in cash flow. Total monthly income is $3,090/mo, and annual cash flow is $4,574/yr on $144,169 invested. Return on cash invested sits at 23.08% in year one, and rental yield is 8.53% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 119.93% and total cumulative return in cash sums $172,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,090/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
7,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63122, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,623 (100%) |
| Owner Occupied HU | 13,487 (76.5%) |
| Renter Occupied HU | 3,144 (17.8%) |
| Vacant Housing Units | 992 ( 5.6%) |
| Median Home Value | $513,877 |
| Average Home Value | $581,121 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
14,892
Multi-Family
2,480
Businesses
1,404
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Listed by: Cheryl L Nelson • RedKey Realty Leaders
Mls Name: MARIS
Mls ID: #25060237