1311 Idaho Ave WSaint PaulMN55108
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Saint Paul rentals match the income profile of 1311 Idaho Ave W, Saint Paul, MN, 55108. Listed at $400,000, gross rent is $3,540/mo and net cash flow is $1,042/mo, a 10.62% yield well above national averages. DSCR 1.97 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $110,513 by year five with $3,684/yr in annual principal reduction, projecting $218,806 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.2% |
| Monthly Cash Flow | $1,042 | $485 |
City averages based on Saint Paul market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,540 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
4,791 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
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
Single Family
Built in 1940
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7035728