2042 Saint Paul 2nd StSaint PaulIA52657
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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 2042 Saint Paul 2nd St, Saint Paul, IA, 52657 offers a 0% rental yield on a $170,000 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52657, Saint Paul, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29 (100%) |
| Owner Occupied HU | 21 (72.4%) |
| Renter Occupied HU | 1 ( 3.4%) |
| Vacant Housing Units | 7 (24.1%) |
| Median Home Value | $279,167 |
| Average Home Value | $307,500 |
Housing Distribution
Address Breakdown
Residential
41
Single Family
41
Multi-Family
0
Businesses
5
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Listed by: Corey Fraise • Fraise Auction & Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332835