2203 Blake AveSaint PaulMN55108
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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 2203 Blake Ave, Saint Paul, MN, 55108 uses $82,842 cash to close to unlock $7,688/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,201/mo, and a $1,223/mo payment keeps the spread at $641/mo. Purchase price stands at $249,900, and rental yield measures 10.57% with $2,201/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 152.69% and total cumulative return in cash records $126,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,201/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Multi Family
Built in 1889
3,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55108, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 2,972 (41.3%) |
| Renter Occupied HU | 3,765 (52.4%) |
| Vacant Housing Units | 454 ( 6.3%) |
| Median Home Value | $380,852 |
| Average Home Value | $445,596 |
Housing Distribution
Address Breakdown
Residential
6,555
Single Family
4,072
Multi-Family
2,483
Businesses
405
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Listed by: Nathan P. Opatz • Apartment Cash Flow, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826786