1740 California 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 1740 California Ave E, Saint Paul, MN, 55106 uses $79,527 cash to close to unlock $1,766/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,645/mo, and a $1,174/mo payment keeps the spread at $147/mo. Purchase price stands at $239,900, and rental yield measures 8.23% with $1,645/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 114.88% and total cumulative return in cash records $91,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,645/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,185 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: Barry C Tanner • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6811547