188 Washington StSaint PaulMN55102
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 188 Washington St, Saint Paul, MN, 55102 generates $5,190/mo in rent and, after a $2,741/mo payment, leaves $999/mo in cash flow. Total monthly income is $5,190/mo, and annual cash flow is $11,989/yr on $184,240 invested. Return on cash invested sits at 26.57% in year one, and rental yield is 11.12% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 140.25% and total cumulative return in cash sums $258,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,190/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
1,306 sqft lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55102, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,901 (100%) |
| Owner Occupied HU | 4,204 (35.3%) |
| Renter Occupied HU | 6,726 (56.5%) |
| Vacant Housing Units | 971 ( 8.2%) |
| Median Home Value | $379,658 |
| Average Home Value | $449,212 |
Housing Distribution
Address Breakdown
Residential
11,743
Single Family
4,352
Multi-Family
7,391
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Whitewater • Compass
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6600186
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