1527 Minnehaha Ave W #2Saint PaulMN55104
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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 1527 Minnehaha Ave W #2, Saint Paul, MN, 55104 uses $132,567 cash to close to unlock $3,386/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $1,957/mo payment keeps the spread at $282/mo. Purchase price stands at $399,900, and rental yield measures 8.34% with $2,779/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash records $154,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1894
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55104, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,868 (100%) |
| Owner Occupied HU | 8,441 (40.4%) |
| Renter Occupied HU | 11,025 (52.8%) |
| Vacant Housing Units | 1,402 ( 6.7%) |
| Median Home Value | $371,864 |
| Average Home Value | $437,068 |
Housing Distribution
Address Breakdown
Residential
19,223
Single Family
12,270
Multi-Family
6,953
Businesses
1,646
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Listed by: Dan Rollings • EXIT REALTY NEXUS
Mls Name: Exit Realty
Mls Provider:
Mls ID: #6708954