227 Glenmar AveSaint PaulMN55115
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 227 Glenmar Ave, Saint Paul, MN, 55115 priced at $409,900 pairs $2,897/mo rent with $338/mo cash flow after a $2,006/mo payment. Total monthly income equals $2,897/mo, and annual cash flow comes to $4,052/yr on $135,882 invested. Return on cash invested is 22.89% in year one, and rental yield stands at 8.48% on a $409,900 basis. Equity gained on principal adds $2,645/yr, and 5% annual appreciation accumulates to $113,248 by year five. Five-year ROI measures 118.9% and total cumulative return in cash reaches $161,560. For financing, Ziffy Mortgage’s DSCR program evaluates $2,897/mo property income against a $2,006/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55115, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,832 (100%) |
| Owner Occupied HU | 2,873 (75.0%) |
| Renter Occupied HU | 809 (21.1%) |
| Vacant Housing Units | 150 ( 3.9%) |
| Median Home Value | $575,470 |
| Average Home Value | $659,920 |
Housing Distribution
Address Breakdown
Residential
3,644
Single Family
3,060
Multi-Family
584
Businesses
91
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Listed by: Steven Bauer • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6735413