1804 Mississippi River Blvd SSaint PaulMN55116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Saint Paul at 1804 Mississippi River Blvd S, Saint Paul, MN, 55116 priced at $850,000 pairs $2,696/mo rent with after a $4,160/mo payment. Total monthly income equals $2,696/mo. Return on cash invested is 5.81% in year one, and rental yield stands at 3.81% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 28.39% and total cumulative return in cash reaches $79,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,696/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2004
4,791 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55116, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 5,855 (45.3%) |
| Renter Occupied HU | 6,318 (48.9%) |
| Vacant Housing Units | 757 ( 5.9%) |
| Median Home Value | $440,737 |
| Average Home Value | $493,926 |
Housing Distribution
Address Breakdown
Residential
12,521
Single Family
6,308
Multi-Family
6,213
Businesses
476
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Nearby investment properties with comparable prices
Listed by: Krista J. Wolter • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6547317
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