1141 Palace AveSaint 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
Investment property for sale in Saint Paul at 1141 Palace Ave, Saint Paul, MN, 55105 listed at $425,000 pairs $2,642/mo rent with a $2,080/mo payment. Total monthly income runs $2,642/mo. Return on cash invested measures 19.81% in year one, and rental yield registers 7.46% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 102.39% and total cumulative return in cash totals $144,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,642/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
4,791 sqft 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: Gregory J Weinberger • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6746405