289 5th St E UNIT 403Saint PaulMN55101
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
Investment property for sale in Saint Paul at 289 5th St E UNIT 403, Saint Paul, MN, 55101 listed at $190,000 pairs $1,898/mo rent with a $930/mo payment. Total monthly income runs $1,898/mo. Return on cash invested measures 13.65% in year one, and rental yield registers 11.99% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 76.55% and total cumulative return in cash totals $48,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,898/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1902
N/A lot
$N/A/sqft
$933 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55101, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 1,155 (19.6%) |
| Renter Occupied HU | 4,164 (70.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $276,736 |
| Average Home Value | $344,045 |
Housing Distribution
Address Breakdown
Residential
5,489
Single Family
29
Multi-Family
5,460
Businesses
768
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Nearby investment properties with comparable prices
Listed by: Megan Harty • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6673073
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