8647 Watson Ridge DrSaint LouisMO63126
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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 8647 Watson Ridge Dr, Saint Louis, MO, 63126 offers $3,600/mo rent that, after a $5,379/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 9.44% in year one, and rental yield stands at 3.93% at a $1,099,000 entry. Equity gained on principal adds $7,092/yr while 5% annual appreciation compounds into $303,633 by year five. Five-year ROI records 46.63% and total cumulative return in cash reaches $166,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $5,379/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63126, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,837 (100%) |
| Owner Occupied HU | 5,532 (80.9%) |
| Renter Occupied HU | 1,046 (15.3%) |
| Vacant Housing Units | 259 ( 3.8%) |
| Median Home Value | $316,450 |
| Average Home Value | $353,240 |
Housing Distribution
Address Breakdown
Residential
6,699
Single Family
6,360
Multi-Family
339
Businesses
683
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Listed by: Gloria Lu • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11486601