7816 Michigan AveSaint LouisMO63111
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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
Investment property for sale in Saint Louis at 7816 Michigan Ave, Saint Louis, MO, 63111 at $124,900 posts ROI 31.69% with $406/mo cash flow from $1,184/mo rent. Total monthly income equals $1,184/mo, and annual cash flow records $4,878/yr on $41,404 to close. Return on cash invested measures 31.69% and rental yield reads 11.38% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 166.12% and total cumulative return in cash totals $68,782.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,184/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1893
3,584 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: Jeanie M Wakula • Big Bend Realty LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #24044748
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