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Updated 4 months ago on . Most recent reply

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Michael Ewers
  • Rental Property Investor
  • Grapevine, TX
28
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53
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Desired Areas in STL

Michael Ewers
  • Rental Property Investor
  • Grapevine, TX
Posted

Hey y'all,

What areas around St Louis are you finding the greatest value on returns? 63031 has been really good to me but the inventory is scarce these days. It's tough to find a solid deal without giving up the bank. 

Is there another part of town with similar numbers, neighborhood, and age of homes?

Most Popular Reply

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1,415
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Jaycee Greene
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Consultant
  • St. Louis MSA
328
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1,415
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Jaycee Greene
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Consultant
  • St. Louis MSA
Replied

I grew up near the 63031 zip code and know the area welll. There are many similar suburbs along the 270 corridor in North County that would probably have similar housing stock though you may need to look a little east (toward downtown) to find the inventory. I assume you're buying SFs in the 1200-1500 SF range and doing some light to moderate rehab, is that right?

  • Jaycee Greene
  • [email protected]
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