2566 Ellis Ave APT 303Saint 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 303, Saint Paul, MN, 55114 offers a 10.68% rental yield on a $239,900 purchase with $2,136/mo rent. Total monthly income registers $2,136/mo, and a $1,174/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,658/yr on $79,527 to close, and return on cash invested stands at 29.54% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 154.6% and total cumulative return in cash at $122,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,136/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A 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: Jin "Dida" Hansen • United Real Estate Twin Cities
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6787840