1879 Portland Ave APT 3Saint PaulMN55104
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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
Investment property for sale in Saint Paul at 1879 Portland Ave APT 3, Saint Paul, MN, 55104 listed at $229,000 pairs $1,765/mo rent with a $1,121/mo payment to leave $335/mo cash flow. Total monthly income runs $1,765/mo, and annual cash flow reaches $4,018/yr on $75,914 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 9.25% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 131.3% and total cumulative return in cash totals $99,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,765/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1915
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55104, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,868 (100%) |
| Owner Occupied HU | 8,441 (40.4%) |
| Renter Occupied HU | 11,025 (52.8%) |
| Vacant Housing Units | 1,402 ( 6.7%) |
| Median Home Value | $371,864 |
| Average Home Value | $437,068 |
Housing Distribution
Address Breakdown
Residential
19,223
Single Family
12,270
Multi-Family
6,953
Businesses
1,646
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Listed by: James Brown • Assembly MN LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813282