1261 Cleveland Ave N APT 2ASaint PaulMN55108
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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 1261 Cleveland Ave N APT 2A, Saint Paul, MN, 55108 earns $203/mo cash flow from $984/mo rent with a $612/mo payment. Total monthly income totals $984/mo, and annual cash flow totals $2,439/yr on $41,438 capital. ROI tracks 25.79% on current figures, and rental yield reads 9.45% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash sums $55,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $984/mo property income instead of your personal income.
Condo
Built in 1969
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55108, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 2,972 (41.3%) |
| Renter Occupied HU | 3,765 (52.4%) |
| Vacant Housing Units | 454 ( 6.3%) |
| Median Home Value | $380,852 |
| Average Home Value | $445,596 |
Housing Distribution
Address Breakdown
Residential
6,555
Single Family
4,072
Multi-Family
2,483
Businesses
405
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Listed by: Jessica M. Lowe • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820037