950 E Rue De La Banque 202Creve CoeurMO63141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Creve Coeur at 950 E Rue De La Banque 202, Creve Coeur, MO, 63141 offers a 9.5% rental yield on a $190,000 purchase with $1,504/mo rent. Total monthly income registers $1,504/mo, and a $930/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,848/yr on $62,985 to close, and return on cash invested stands at 26.02% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 135.69% and total cumulative return in cash at $85,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,504/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
1,481 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy K Grassmuck • Grassmuck Realty, LLC
Mls Name: MARIS
Mls ID: #25066593