1836 Mechanic AveSaint PaulMN55119
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
Total monthly income runs $2,155/mo, and a $1,811/mo payment. Purchase price stands at $370,000, and rental yield measures 6.99% with $2,155/mo rent. Return on cash invested shows 18.39% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 94.76% and total cumulative return in cash records $116,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Multi Family
Built in 1963
7,666 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kobie Daoheuang • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825267