1913 Morgan AveSaint 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
Investment property for sale in Saint Paul at 1913 Morgan Ave, Saint Paul, MN, 55116 uses $132,567 cash to close to unlock $8,354/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $3,193/mo, and a $1,957/mo payment keeps the spread at $696/mo. Purchase price stands at $399,900, and rental yield measures 9.58% with $3,193/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash records $181,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,193/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,753 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: Henry A. Edelstein • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006868