1997 Laurel AveSaint PaulMN55104
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 1997 Laurel Ave, Saint Paul, MN, 55104 earns from $4,690/mo rent with a $3,793/mo payment. Total monthly income totals $4,690/mo. ROI tracks 19.36% on current figures, and rental yield reads 7.26% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 99.92% and total cumulative return in cash sums $254,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,690/mo property income instead of your personal income.
Multi Family
Built in 1908
7,492 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Ferris • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010885