757 Ridgeside Dr APT FBallwinMO63021
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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 757 Ridgeside Dr APT F, Ballwin, MO, 63021 priced at $160,000 converts $1,201/mo rent into after a $783/mo obligation. Total monthly income equals $1,201/mo. Return on cash invested prints 16.89% in year one, and rental yield reads 9.01% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 89.53% and total cumulative return in cash sums $47,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,201/mo property income covering a $783/mo payment, not borrower’s personal income.
Condo
Built in 1989
3,894 sqft lot
$N/A/sqft
$338 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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Listed by: Julie L Drescher • Nettwork Global
Mls Name: MARIS
Mls Provider:
Mls ID: #25022425
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