1248 Delaware AveWest Saint PaulMN55118
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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 West Saint Paul at 1248 Delaware Ave, West Saint Paul, MN, 55118 uses $139,197 cash to close to unlock $5,570/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $3,086/mo, and a $2,055/mo payment keeps the spread at $464/mo. Purchase price stands at $419,900, and rental yield measures 8.82% with $3,086/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 124.4% and total cumulative return in cash records $173,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,086/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55118, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,665 (100%) |
| Owner Occupied HU | 8,126 (59.5%) |
| Renter Occupied HU | 4,899 (35.9%) |
| Vacant Housing Units | 640 ( 4.7%) |
| Median Home Value | $423,091 |
| Average Home Value | $490,785 |
Housing Distribution
Address Breakdown
Residential
13,700
Single Family
8,258
Multi-Family
5,442
Businesses
759
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Listed by: Andres Berlanga • RES Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011129