1351 Magnolia Ave E #1351Saint PaulMN55106
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 1351 Magnolia Ave E #1351, Saint Paul, MN, 55106 generates $1,914/mo in rent and, after a $1,321/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,914/mo, and annual cash flow is $2,744/yr on $89,472 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.51% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 119.36% and total cumulative return in cash sums $106,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55106, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,418 (100%) |
| Owner Occupied HU | 10,122 (52.1%) |
| Renter Occupied HU | 8,136 (41.9%) |
| Vacant Housing Units | 1,160 ( 6.0%) |
| Median Home Value | $277,944 |
| Average Home Value | $322,155 |
Housing Distribution
Address Breakdown
Residential
18,750
Single Family
15,338
Multi-Family
3,412
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abel Yohannes • Strata Real Estate Resources
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6817918