2281 11th Ave ESaint PaulMN55109
Nearby investment properties with comparable rents
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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
Rental property for sale in Saint Paul at 2281 11th Ave E, Saint Paul, MN, 55109 generates $2,044/mo in rent, after a $3,181/mo payment. Total monthly income is $2,044/mo. Return on cash invested sits at 8.76% in year one, and rental yield is 3.77% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 43.09% and total cumulative return in cash sums $92,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,044/mo property income rather than buyer’s personal income.
Multi Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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Listed by: Anne M. Clancy • RE/MAX Professionals
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6687514
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