385 Laurel Ave APT 309Saint 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 385 Laurel Ave APT 309, Saint Paul, MN, 55102 earns $249/mo cash flow from $1,310/mo rent with a $832/mo payment. Total monthly income totals $1,310/mo, and annual cash flow totals $2,984/yr on $56,322 capital. ROI tracks 25.21% on current figures, and rental yield reads 9.25% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 131.33% and total cumulative return in cash sums $73,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,310/mo property income instead of your personal income.
Condo
Built in 1918
N/A 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: John D Schuster • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771786