Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
Values Hold at $279K, Rents at $2,029
Updated 5 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
The rental market for this property is quite promising, with monthly income potential ranging from $1,829 to $2,045. This strong performance is backed by a competitive estimated rental yield of approximately 10.56% for the area. With a median market rent of $1,936, this unit fits perfectly into the local demand. Investors can expect steady growth as well, with annual market-rate appreciation projected to add about $1,699 to your asset value.
More about this home
Neighborhood Assessment
Deerfield Estates Dr in O'Fallon, MO sits in a solid B-class neighborhood with top-notch schools—Westhoff Elementary (7/10), Ft. Zumwalt North Middle (8/10), and High (9/10)—just 0.6-1.8 miles away. You know, these ratings draw families, boosting demand. Nearby comps value at ~$210K-$230K for similar 2-bed/2.5-bath condos around 1.3K sqft, matching this unit's $220K zestimate. Low flood/fire risks add stability, though heat's a minor concern. Walkability's decent with quick access to highways for St. Louis commutes, but no big new developments jump out. Still, steady comp values signal reliable appreciation in this family-friendly spot.
Market Activity
+ Ask a question in the app
Rental Income
$23K
Yield
10.6%
Appreciation
$2K
Year 1 Estimates
Fix-and-Flip
Modernizing a home offers significant lifestyle benefits by creating a fresh, inviting environment. While price per square foot remains steady at approximately $211 versus the $216 baseline, upgrades breathe new life into your living space. Focusing on quality finishes helps your property stand out to potential buyers and renters. With a potential resale value nearing $299,000, these improvements prioritize comfort, pride of ownership, and a competitive edge in today’s active market.
Comps
6
Buy-Rehab-Rent
This condo offers a solid post-renovation value between $271,000 and $299,000. With a manageable footprint and strong rental demand, investors can leverage a stable market position to build significant equity through targeted modern updates. Projected annual rental income of $22,626 generates a respectable 7.9% yield. While market appreciation remains conservative, the property’s consistent performance makes it a reliable asset for a long-term buy-and-hold strategy focused on steady cash flow.
Rental Income
$23K
Yield
7.9%
Appreciation
$2K
Year 1 Estimates, Post Typical Renovation
Estimated value
$220K
$40.2K over comp median
Comparative Market Analysis
$150K – $376K
~72 days to sell
Based on 8 comps
1352 Deerfield Estates Drive, O'Fallon Investment Report: Flip & Rental Analysis · Frontflip