970 N Spoede Rd APT 17Saint LouisMO63146
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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 970 N Spoede Rd APT 17, Saint Louis, MO, 63146 earns $450/mo cash flow from $2,069/mo rent with a $1,272/mo payment. Total monthly income totals $2,069/mo, and annual cash flow totals $5,406/yr on $86,157 capital. ROI tracks 26.18% on current figures, and rental yield reads 9.55% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 136.55% and total cumulative return in cash sums $117,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,069/mo property income instead of your personal income.
Condo
Built in 1980
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63146, Saint Louis, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,959 (100%) |
| Owner Occupied HU | 8,601 (53.9%) |
| Renter Occupied HU | 6,109 (38.3%) |
| Vacant Housing Units | 1,249 ( 7.8%) |
| Median Home Value | $298,489 |
| Average Home Value | $334,860 |
Housing Distribution
Address Breakdown
Residential
14,987
Single Family
11,475
Multi-Family
3,512
Businesses
1,118
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Listed by: Gloria E Schonbrun • Schonbrun, REALTORS
Mls Name: MARIS
Mls ID: #25082047