1261 Watson AveSaint PaulMN55116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1261 Watson Ave, Saint Paul, MN, 55116 priced at $359,500 converts $2,819/mo rent into $494/mo cash flow after a $1,760/mo obligation. Total monthly income equals $2,819/mo, and annual cash flow totals $5,928/yr on $119,174 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 9.41% against a $359,500 entry. Equity gained on principal adds $2,320/yr, while 5% annual appreciation compiles into $99,323 by year five. Five-year ROI reaches 129.87% and total cumulative return in cash sums $154,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,819/mo property income covering a $1,760/mo payment, not borrower’s personal income.
Single Family
Built in 1922
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55116, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 5,855 (45.3%) |
| Renter Occupied HU | 6,318 (48.9%) |
| Vacant Housing Units | 757 ( 5.9%) |
| Median Home Value | $440,737 |
| Average Home Value | $493,926 |
Housing Distribution
Address Breakdown
Residential
12,521
Single Family
6,308
Multi-Family
6,213
Businesses
476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John T Mcgovern • John McGovern
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6594651
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