830 Loekes DrFlorissantMO63031
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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 Florissant at 830 Loekes Dr, Florissant, MO, 63031 uses $52,709 cash to close to unlock $2,976/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,238/mo, and a $778/mo payment keeps the spread at $248/mo. Purchase price stands at $159,000, and rental yield measures 9.34% with $1,238/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 133.16% and total cumulative return in cash records $70,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,238/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63031, Florissant, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,080 (100%) |
| Owner Occupied HU | 13,094 (65.2%) |
| Renter Occupied HU | 5,830 (29.0%) |
| Vacant Housing Units | 1,156 ( 5.8%) |
| Median Home Value | $168,493 |
| Average Home Value | $236,991 |
Housing Distribution
Address Breakdown
Residential
18,929
Single Family
17,115
Multi-Family
1,814
Businesses
794
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Listed by: Joshua Jennings • Koda Realty
Mls Name: MARIS
Mls ID: #26004710