1400 Scheffer AveSaint PaulMN55116
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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 1400 Scheffer Ave, Saint Paul, MN, 55116 uses $124,313 cash to close to unlock $1,557/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,835/mo payment keeps the spread at $130/mo. Purchase price stands at $375,000, and rental yield measures 7.91% with $2,471/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 109.63% and total cumulative return in cash records $136,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1946
4,965 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
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Listed by: Henry Poling • Curo Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004703