1829 Ivan WaySaint 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 1829 Ivan Way, Saint Paul, MN, 55116 generates $3,760/mo in rent and, after a $1,835/mo payment, leaves $1,383/mo in cash flow. Total monthly income is $3,760/mo, and annual cash flow is $16,594/yr on $124,313 invested. Return on cash invested sits at 33.26% in year one, and rental yield is 12.03% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 174.63% and total cumulative return in cash sums $217,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,760/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
4,356 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Andrew Williams • National Realty Guild
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6604572
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