8828 Madge AveSaint LouisMO63144
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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 Saint Louis at 8828 Madge Ave, Saint Louis, MO, 63144 offers a 8.84% rental yield on a $285,000 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,395/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,900/yr on $94,478 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 125.03% and total cumulative return in cash at $118,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63144, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,201 (100%) |
| Owner Occupied HU | 3,120 (60.0%) |
| Renter Occupied HU | 1,716 (33.0%) |
| Vacant Housing Units | 365 ( 7.0%) |
| Median Home Value | $347,368 |
| Average Home Value | $434,410 |
Housing Distribution
Address Breakdown
Residential
4,993
Single Family
4,141
Multi-Family
852
Businesses
840
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Listed by: Russ T Nolting • Keller Williams Chesterfield
Mls Name: MARIS
Mls ID: #25070021