923 S Hanley Rd APT ASaint LouisMO63105
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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 923 S Hanley Rd APT A, Saint Louis, MO, 63105 generates $1,580/mo in rent and, after a $812/mo payment, leaves $43/mo in cash flow. Total monthly income is $1,580/mo, and annual cash flow is $520/yr on $55,029 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 11.42% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 112% and total cumulative return in cash sums $61,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,580/mo property income rather than buyer’s personal income.
Condo
Built in 1940
1,132 sqft lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63105, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,117 (50.1%) |
| Renter Occupied HU | 3,052 (37.2%) |
| Vacant Housing Units | 1,045 (12.7%) |
| Median Home Value | $754,635 |
| Average Home Value | $864,005 |
Housing Distribution
Address Breakdown
Residential
7,179
Single Family
2,898
Multi-Family
4,281
Businesses
1,809
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Listed by: Erika R Lovelace • Coldwell Banker Realty - Gunda
Mls Name: MARIS
Mls Provider:
Mls ID: #25026825
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