1060 Grand Ave UNIT 204Saint PaulMN55105
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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 1060 Grand Ave UNIT 204, Saint Paul, MN, 55105 generates $1,268/mo in rent, after a $1,713/mo payment. Total monthly income is $1,268/mo. Return on cash invested sits at 10.42% in year one, and rental yield is 4.35% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 52.04% and total cumulative return in cash sums $60,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,268/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55105, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,792 (59.1%) |
| Renter Occupied HU | 4,008 (34.9%) |
| Vacant Housing Units | 687 ( 6.0%) |
| Median Home Value | $479,486 |
| Average Home Value | $535,130 |
Housing Distribution
Address Breakdown
Residential
11,537
Single Family
8,029
Multi-Family
3,508
Businesses
520
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Listed by: Victoria Simmonds • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008321