137 Jessamine Ave ESaint PaulMN55117
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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
Rental property for sale in Saint Paul at 137 Jessamine Ave E, Saint Paul, MN, 55117 priced at $249,000 converts $1,708/mo rent into $153/mo cash flow after a $1,219/mo obligation. Total monthly income equals $1,708/mo, and annual cash flow totals $1,834/yr on $82,544 invested. Return on cash invested prints 22.13% in year one, and rental yield reads 8.23% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 114.84% and total cumulative return in cash sums $94,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,708/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1969
5,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55117, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 9,125 (52.3%) |
| Renter Occupied HU | 7,602 (43.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $306,338 |
| Average Home Value | $366,984 |
Housing Distribution
Address Breakdown
Residential
16,588
Single Family
11,269
Multi-Family
5,319
Businesses
867
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Listed by: Kor Vang • Diversified Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7015066