1840 Hoyt Ave ESaint 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
Investment property for sale in Saint Paul at 1840 Hoyt Ave E, Saint Paul, MN, 55119 uses $107,704 cash to close to unlock $581/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,590/mo payment keeps the spread at $48/mo. Purchase price stands at $324,900, and rental yield measures 7.67% with $2,077/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 105.83% and total cumulative return in cash records $113,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,534 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: Taylor Smith • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782650