385 Clinton AveSaint PaulMN55107
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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
Rental property for sale in Saint Paul at 385 Clinton Ave, Saint Paul, MN, 55107 priced at $608,400 converts $1,477/mo rent into after a $2,978/mo obligation. Total monthly income equals $1,477/mo. Return on cash invested prints 6.14% in year one, and rental yield reads 2.91% against a $608,400 entry. Equity gained on principal adds $3,926/yr, while 5% annual appreciation compiles into $168,090 by year five. Five-year ROI reaches 29.04% and total cumulative return in cash sums $58,125. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,477/mo property income covering a $2,978/mo payment, not borrower’s personal income.
Multi Family
Built in 2021
7,405 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: Justin E. Fox • RE/MAX Professionals
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6694696