504 Robert Avenue, Ferguson, MO 63135
Residential Income, Ferguson, MO
Property Features for 504 Robert Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The properties are located throughout Spanish Lake, Ferguson, and unincorporated North St. Louis County, positioned within close proximity for efficient management and maintenance.
Current gross rental income is approximately $11,519 per month. With anticipated leasing activity, in-place income is expected to increase to approximately $14,100 per month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700 per month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000 per year. The asking price referenced in the remarks is $1,350,000, with a projected stabilized cap rate approaching 10.9%.
Key Highlights
- 12‑home single‑family rental portfolio offered as one package in the St. Louis market.
- All 3- and 4‑bedroom unit mix, with tenant demand from Section 8 voucher holders and market‑rate renters.
- Current gross rental income is approx. $11,519/month; 4 vacant homes are fully rent‑ready and being leased.
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 63135, MO