849 Forder RdSaint 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 849 Forder Rd, Saint Louis, MO, 63129 offers $1,277/mo rent that, after a $832/mo payment, leaves $174/mo cash flow. Total monthly income is $1,277/mo, and annual cash flow is $2,093/yr on $56,322 cash. Return on cash invested measures 23.63% in year one, and rental yield stands at 9.02% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 123.22% and total cumulative return in cash reaches $69,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,277/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.56 Acres 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: Tim J Estepp • One West Associates, Inc.
Mls Name: MARIS
Mls Provider:
Mls ID: #24049031
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