429 Sherburne AveSaint PaulMN55103
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 429 Sherburne Ave, Saint Paul, MN, 55103 at $274,900 posts ROI 27.32% with $563/mo cash flow from $2,279/mo rent. Total monthly income equals $2,279/mo, and annual cash flow records $6,755/yr on $91,129 to close. Return on cash invested measures 27.32% and rental yield reads 9.95% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 142.65% and total cumulative return in cash totals $129,999.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55103, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,823 (100%) |
| Owner Occupied HU | 1,573 (32.6%) |
| Renter Occupied HU | 2,966 (61.5%) |
| Vacant Housing Units | 284 ( 5.9%) |
| Median Home Value | $285,052 |
| Average Home Value | $324,463 |
Housing Distribution
Address Breakdown
Residential
5,188
Single Family
3,176
Multi-Family
2,012
Businesses
444
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Listed by: Joe Overhaug • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770031