1611 Carroll AveSaint 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 1611 Carroll Ave, Saint Paul, MN, 55104 earns $682/mo cash flow from $2,274/mo rent with a $1,248/mo payment. Total monthly income totals $2,274/mo, and annual cash flow totals $8,181/yr on $84,533 capital. ROI tracks 29.59% on current figures, and rental yield reads 10.7% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 154.81% and total cumulative return in cash sums $130,868. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Multi Family
Built in 1906
0.12 sqft 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: Bruce A Hendrickson • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819545