28 Saint Albans St N APT 4NSaint PaulMN55104
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 28 Saint Albans St N APT 4N, Saint Paul, MN, 55104 priced at $242,500 converts $2,029/mo rent into $515/mo cash flow after a $1,187/mo obligation. Total monthly income equals $2,029/mo, and annual cash flow totals $6,176/yr on $80,389 invested. Return on cash invested prints 27.59% in year one, and rental yield reads 10.04% against a $242,500 entry. Equity gained on principal adds $1,565/yr, while 5% annual appreciation compiles into $66,998 by year five. Five-year ROI reaches 144.13% and total cumulative return in cash sums $115,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $1,187/mo payment, not borrower’s personal income.
Condo
Built in 1912
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55104, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,868 (100%) |
| Owner Occupied HU | 8,441 (40.4%) |
| Renter Occupied HU | 11,025 (52.8%) |
| Vacant Housing Units | 1,402 ( 6.7%) |
| Median Home Value | $371,864 |
| Average Home Value | $437,068 |
Housing Distribution
Address Breakdown
Residential
19,223
Single Family
12,270
Multi-Family
6,953
Businesses
1,646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marissa Winegarden • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784381