1822 Nevada Ave ESaint PaulMN55119
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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
Rental property for sale in Saint Paul at 1822 Nevada Ave E, Saint Paul, MN, 55119 generates $1,304/mo in rent and, after a $808/mo payment, leaves $273/mo in cash flow. Total monthly income is $1,304/mo, and annual cash flow is $3,279/yr on $54,698 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.48% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 135.14% and total cumulative return in cash sums $73,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,304/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55119, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,186 (100%) |
| Owner Occupied HU | 9,858 (60.9%) |
| Renter Occupied HU | 5,603 (34.6%) |
| Vacant Housing Units | 725 ( 4.5%) |
| Median Home Value | $309,825 |
| Average Home Value | $336,201 |
Housing Distribution
Address Breakdown
Residential
16,125
Single Family
11,505
Multi-Family
4,620
Businesses
295
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Listed by: Natasha parks • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825643