1708 Minnehaha Ave ESaint PaulMN55106
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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 1708 Minnehaha Ave E, Saint Paul, MN, 55106 uses $96,102 cash to close to unlock $2,252/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $1,419/mo payment keeps the spread at $188/mo. Purchase price stands at $289,900, and rental yield measures 8.27% with $1,998/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.49% and total cumulative return in cash records $110,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1917
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55106, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,418 (100%) |
| Owner Occupied HU | 10,122 (52.1%) |
| Renter Occupied HU | 8,136 (41.9%) |
| Vacant Housing Units | 1,160 ( 6.0%) |
| Median Home Value | $277,944 |
| Average Home Value | $322,155 |
Housing Distribution
Address Breakdown
Residential
18,750
Single Family
15,338
Multi-Family
3,412
Businesses
743
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Listed by: Kimberly A. Fields • Keller Williams Integrity Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6656392