1047 Jameson StSaint 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
Investment property for sale in Saint Paul at 1047 Jameson St, Saint Paul, MN, 55103 uses $96,102 cash to close to unlock $4,844/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,419/mo payment keeps the spread at $404/mo. Purchase price stands at $289,900, and rental yield measures 9.16% with $2,214/mo rent. Return on cash invested shows 24.95% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 129.96% and total cumulative return in cash records $124,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1916
4,815 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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Listed by: Reid Lenz • Verde Real Estate Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824111