1264 Snelling Ave NSaint 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 1264 Snelling Ave N, Saint Paul, MN, 55108 offers a 9.21% rental yield on a $290,000 purchase with $2,225/mo rent. Total monthly income registers $2,225/mo, and a $1,419/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,974/yr on $96,135 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 130.67% and total cumulative return in cash at $125,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,225/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1906
3,920 sqft 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: Thomas Edelstein, CRS, ABR • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767026