2056 Magnolia Ave ESaint PaulMN55119
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 2056 Magnolia Ave E, Saint Paul, MN, 55119 priced at $220,000 converts $2,028/mo rent into $599/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,028/mo, and annual cash flow totals $7,190/yr on $72,930 invested. Return on cash invested prints 29.77% in year one, and rental yield reads 11.06% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 156.15% and total cumulative return in cash sums $113,879. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,028/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 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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Nearby investment properties with comparable prices
Listed by: Leo Jones • National Realty Guild
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6632728
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