Turnkey Investment – 8.1% Cap Rate | 34% ROI Potential | $2,995/mo Rent thru Mar 2026 |
Seize this rare opportunity to own a high-performing investment property in a desirable St. Peters neighborhood! This updated 3-bedroom, 3-bath ranch is already leased at $2,995/month, offering immediate cash flow with an impressive 8.1% cap rate and up to 34% projected ROI.
Inside, you'll find durable wood flooring, a light-filled living room with a cozy woodburning fireplace, and a spacious kitchen with granite counters, dark cabinetry, and a breakfast bar — ideal for tenant appeal and long-term value. The main level includes a primary suite with private bath, two additional bedrooms, a second full bath, and convenient main-floor laundry.
The finished lower level adds major value with a large family room and third full bath — perfect for multigenerational tenants or added rental flexibility. Step outside to a fully fenced backyard with a generous deck for entertaining.
Whether you're looking to expand your portfolio or secure a high-yield property with strong rental history, this one checks all the boxes. Low vacancy risk. Strong tenant. High returns.
Active
$375,000
1309 Whispering Ridge Ln, Saint Peters, MO 63376
3beds
3baths
1,676sqft
Est.:
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$224/sqft
$28/mo HOA
What's special
Cozy woodburning fireplaceFully fenced backyardFinished lower levelLarge family roomBreakfast barMain-floor laundryDurable wood flooring
- 7 days
- on Zillow |
- 496 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 12:34pm
Listing Provided by:
Scott W Stone 636-696-5225,
EXP Realty, LLC
Source: MARIS,MLS#: 25053532
Originating MLS: St. Charles County Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
- Laundry: Main Level
Features
- Breakfast Bar, Granite Counters, Open Floorplan, Vaulted Ceiling(s)
- Doors: Sliding Doors
- Basement: Concrete,Partially Finished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
- Finished area above ground: 1,216
- Finished area below ground: 460
Property
Parking
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Levels: One
- Exterior features: Private Yard
- Fencing: Back Yard
Lot
- Size: 7,840.8 Square Feet
- Features: Back Yard, Few Trees
Details
- Parcel number: 300055697000257.0000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick Veneer, Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1985
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Hickory Ridge #4
HOA
- Has HOA: Yes
- Amenities included: Association Management
- Services included: Management
- HOA fee: $340 annually
- HOA name: Hickory Ridge
Location
- Region: Saint Peters
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $246,608
- Annual tax amount: $3,278
- Date on market: 8/4/2025
- Loading
- Loading