940 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 940 Fernview Dr, Saint Louis, MO, 63141 uses $105,749 cash to close to unlock $24,812/yr annual cash flow and $2,068/mo monthly cash flow. Total monthly income runs $4,054/mo, and a $1,561/mo payment keeps the spread at $2,068/mo. Purchase price stands at $319,000, and rental yield measures 15.25% with $4,054/mo rent. Return on cash invested shows 43.37% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 228.72% and total cumulative return in cash records $241,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,054/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1964
10,001 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: Lance Merrick • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25061416