15 Belvidere St WSaint PaulMN55107
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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 15 Belvidere St W, Saint Paul, MN, 55107 uses $84,533 cash to close to unlock $5,469/yr annual cash flow and $456/mo monthly cash flow. Total monthly income runs $2,048/mo, and a $1,248/mo payment keeps the spread at $456/mo. Purchase price stands at $255,000, and rental yield measures 9.64% with $2,048/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 137.62% and total cumulative return in cash records $116,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,048/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1939
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55107, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,521 (100%) |
| Owner Occupied HU | 2,993 (45.9%) |
| Renter Occupied HU | 3,007 (46.1%) |
| Vacant Housing Units | 521 ( 8.0%) |
| Median Home Value | $319,900 |
| Average Home Value | $356,688 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
4,395
Multi-Family
1,491
Businesses
474
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Listed by: Susan M. Johnson • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6780454