1 Ludlow AveSaint PaulMN55108
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saint Paul at 1 Ludlow Ave, Saint Paul, MN, 55108 priced at $375,000 converts $2,629/mo rent into $288/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,629/mo, and annual cash flow totals $3,453/yr on $124,313 invested. Return on cash invested prints 22.69% in year one, and rental yield reads 8.41% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 117.81% and total cumulative return in cash sums $146,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,629/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1889
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55108, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 2,972 (41.3%) |
| Renter Occupied HU | 3,765 (52.4%) |
| Vacant Housing Units | 454 ( 6.3%) |
| Median Home Value | $380,852 |
| Average Home Value | $445,596 |
Housing Distribution
Address Breakdown
Residential
6,555
Single Family
4,072
Multi-Family
2,483
Businesses
405
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Listed by: Katrina Dewit • Engel & Volkers Minneapolis Downtown
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808734