515 Raymond AveSaint PaulMN55104
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 515 Raymond Ave, Saint Paul, MN, 55104 priced at $425,000 pairs $3,071/mo rent with $417/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,071/mo, and annual cash flow comes to $5,007/yr on $140,888 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 8.67% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 121.99% and total cumulative return in cash reaches $171,869. For financing, Ziffy Mortgage’s DSCR program evaluates $3,071/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55104, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,868 (100%) |
| Owner Occupied HU | 8,441 (40.4%) |
| Renter Occupied HU | 11,025 (52.8%) |
| Vacant Housing Units | 1,402 ( 6.7%) |
| Median Home Value | $371,864 |
| Average Home Value | $437,068 |
Housing Distribution
Address Breakdown
Residential
19,223
Single Family
12,270
Multi-Family
6,953
Businesses
1,646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad E Pederson • Pederson Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6787821