311 Pleasant Ave APT 301Saint PaulMN55102
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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 311 Pleasant Ave APT 301, Saint Paul, MN, 55102 uses $56,024 cash to close to unlock $3,070/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,311/mo, and a $827/mo payment keeps the spread at $256/mo. Purchase price stands at $169,000, and rental yield measures 9.31% with $1,311/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 132.3% and total cumulative return in cash records $74,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,311/mo property income covering a $827/mo payment rather than investor’s personal income.
Condo
Built in 1927
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55102, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,901 (100%) |
| Owner Occupied HU | 4,204 (35.3%) |
| Renter Occupied HU | 6,726 (56.5%) |
| Vacant Housing Units | 971 ( 8.2%) |
| Median Home Value | $379,658 |
| Average Home Value | $449,212 |
Housing Distribution
Address Breakdown
Residential
11,743
Single Family
4,352
Multi-Family
7,391
Businesses
889
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Listed by: Christina Chatlain • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6817555