281 Cleveland Ave SSaint PaulMN55105
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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
Investment property for sale in Saint Paul at 281 Cleveland Ave S, Saint Paul, MN, 55105 at $385,000 posts ROI 23.61% with $393/mo cash flow from $2,797/mo rent. Total monthly income equals $2,797/mo, and annual cash flow records $4,719/yr on $127,628 to close. Return on cash invested measures 23.61% and rental yield reads 8.72% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 122.77% and total cumulative return in cash totals $156,682.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,797/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
0.14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55105, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,792 (59.1%) |
| Renter Occupied HU | 4,008 (34.9%) |
| Vacant Housing Units | 687 ( 6.0%) |
| Median Home Value | $479,486 |
| Average Home Value | $535,130 |
Housing Distribution
Address Breakdown
Residential
11,537
Single Family
8,029
Multi-Family
3,508
Businesses
520
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Listed by: Michael P Tierney • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6809063