6422 Mount Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
6422 Mount Ave
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
6422 MA
Asset Fraction Price
$ 27.70
Asset Fraction Yield
5.92%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 27.70
Asset Fraction Sale End Date
Asset
Valuation
$ 108,952
Category
Description
The property at 6422 Mount Ave in St. Louis, Missouri (ZIP 63121) is a single-family ranch-style home built in 2003. It offers approximately 1,400 sq ft of living space with 3 bedrooms and 2 bathrooms. The home sits on a ~3,354 sq ft lot in the Normandy area near St. Louis and has seen updates like newer appliances and a recently updated hot water heater and HVAC system. The main level features hardwood floors and convenient one-floor living, while the partially finished basement adds extra usable space with a half bath. With a fenced-in backyard and off-street parking, this residence combines comfortable living with modest upkeep. The property is currently off the conventional sale market and has previously sold for around $65,000; it’s being offered as a fractional investment opportunity on Lofty.ai, where investors can buy shares representing ownership and earn rental income. Estimated rent for similar homes in the area is around $1,400/month.
Features
- Property type: Single-family home (ranch/bungalow)
- Year built: 2003
- Living area: ~1,400 sq ft
- Bedrooms: 3
- Bathrooms: 2
- Lot size: ~3,354 sq ft
- Interior: Hardwood flooring on main level; updated kitchen appliances
- Basement: Partially finished with a half bath
- Heating & cooling: Central air and baseboard heat
- Parking: Off-street parking
- Outdoor: Fenced-in backyard
- Condition: Recently rehabbed/renovated updates
- Neighborhood: Normandy area, residential with local amenities
- Rental estimate: ~$1,402/month rent estimate for similar homes
- Investment structure: Available as a fractional real-estate investment (Lofty.ai) with tokens starting around ~$49 each and a projected return near ~9.8% (indicative)
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