383 Clinton AveSaint PaulMN55107
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 383 Clinton Ave, Saint Paul, MN, 55107 offers $2,321/mo rent that, after a $1,346/mo payment, leaves $605/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $7,259/yr on $91,129 cash. Return on cash invested measures 27.87% in year one, and rental yield stands at 10.13% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 145.6% and total cumulative return in cash reaches $132,687. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55107, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,521 (100%) |
| Owner Occupied HU | 2,993 (45.9%) |
| Renter Occupied HU | 3,007 (46.1%) |
| Vacant Housing Units | 521 ( 8.0%) |
| Median Home Value | $319,900 |
| Average Home Value | $356,688 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
4,395
Multi-Family
1,491
Businesses
474
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Listed by: Lori A McCahey • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774528