860 Brookmead Dr #313O'FallonMO63366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 O'Fallon at 860 Brookmead Dr #313, O'Fallon, MO, 63366 uses $66,267 cash to close to unlock $7,590/yr annual cash flow and $632/mo monthly cash flow. Total monthly income runs $1,877/mo, and a $978/mo payment keeps the spread at $632/mo. Purchase price stands at $199,900, and rental yield measures 11.27% with $1,877/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 164.35% and total cumulative return in cash records $108,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,877/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 2002
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63366, O Fallon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,428 (100%) |
| Owner Occupied HU | 16,734 (78.1%) |
| Renter Occupied HU | 4,082 (19.0%) |
| Vacant Housing Units | 612 ( 2.9%) |
| Median Home Value | $323,320 |
| Average Home Value | $344,502 |
Housing Distribution
Address Breakdown
Residential
21,098
Single Family
19,910
Multi-Family
1,188
Businesses
1,389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices