793 Forder Manor DrSaint LouisMO63129
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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 793 Forder Manor Dr, Saint Louis, MO, 63129 priced at $394,900 converts $1,920/mo rent into after a $1,933/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 14.96% in year one, and rental yield reads 5.83% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 76.38% and total cumulative return in cash sums $99,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63129, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,519 (100%) |
| Owner Occupied HU | 17,371 (77.1%) |
| Renter Occupied HU | 4,425 (19.7%) |
| Vacant Housing Units | 723 ( 3.2%) |
| Median Home Value | $306,600 |
| Average Home Value | $348,667 |
Housing Distribution
Address Breakdown
Residential
22,299
Single Family
19,307
Multi-Family
2,992
Businesses
724
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Listed by: Stephanie L Marino • Marino Realty, LLC
Mls Name: MARIS
Mls ID: #25075873