2003 Cottage Ave ESaint PaulMN55119
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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 2003 Cottage Ave E, Saint Paul, MN, 55119 listed at $224,900 pairs $2,243/mo rent with a $1,101/mo payment to leave $838/mo cash flow. Total monthly income runs $2,243/mo, and annual cash flow reaches $10,061/yr on $74,554 cash to close. Return on cash invested measures 33.4% in year one, and rental yield registers 11.97% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 175.33% and total cumulative return in cash totals $130,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,243/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1937
5,227 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
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Listed by: Htar Reh • Partners Realty Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820498