1009 Grotto St NSaint PaulMN55103
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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 1009 Grotto St N, Saint Paul, MN, 55103 priced at $183,500 converts $2,599/mo rent into $1,399/mo cash flow after a $898/mo obligation. Total monthly income equals $2,599/mo, and annual cash flow totals $16,788/yr on $60,830 invested. Return on cash invested prints 47.51% in year one, and rental yield reads 17% against a $183,500 entry. Equity gained on principal adds $1,184/yr, while 5% annual appreciation compiles into $50,698 by year five. Five-year ROI reaches 251.28% and total cumulative return in cash sums $152,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,599/mo property income covering a $898/mo payment, not borrower’s personal income.
Single Family
Built in 1909
4,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55103, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,823 (100%) |
| Owner Occupied HU | 1,573 (32.6%) |
| Renter Occupied HU | 2,966 (61.5%) |
| Vacant Housing Units | 284 ( 5.9%) |
| Median Home Value | $285,052 |
| Average Home Value | $324,463 |
Housing Distribution
Address Breakdown
Residential
5,188
Single Family
3,176
Multi-Family
2,012
Businesses
444
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