2566 Ellis Ave APT 103Saint PaulMN55114
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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 2566 Ellis Ave APT 103, Saint Paul, MN, 55114 uses $91,163 cash to close to unlock $9,633/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,346/mo payment keeps the spread at $803/mo. Purchase price stands at $275,000, and rental yield measures 11% with $2,520/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 159.58% and total cumulative return in cash records $145,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 2003
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55114, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,495 (100%) |
| Owner Occupied HU | 581 (16.6%) |
| Renter Occupied HU | 2,718 (77.8%) |
| Vacant Housing Units | 196 ( 5.6%) |
| Median Home Value | $361,572 |
| Average Home Value | $401,016 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
511
Multi-Family
3,101
Businesses
894
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Listed by: Luke Pettersen • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005850