924 Fernview DrSaint LouisMO63141
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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 924 Fernview Dr, Saint Louis, MO, 63141 offers a 10% rental yield on a $299,900 purchase with $2,500/mo rent. Total monthly income registers $2,500/mo, and a $1,468/mo payment leaves $632/mo available for distribution. Annual cash flow reaches $7,586/yr on $99,417 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 143.86% and total cumulative return in cash at $143,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,500/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1965
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63141, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,240 (100%) |
| Owner Occupied HU | 6,413 (69.4%) |
| Renter Occupied HU | 2,228 (24.1%) |
| Vacant Housing Units | 599 ( 6.5%) |
| Median Home Value | $601,830 |
| Average Home Value | $685,010 |
Housing Distribution
Address Breakdown
Residential
9,189
Single Family
6,815
Multi-Family
2,374
Businesses
2,089
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Listed by: Siew H Lee • Value Real Estate, LLC
Mls Name: MARIS
Mls ID: #25053992