610 Charles AveSaint PaulMN55103
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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 610 Charles Ave, Saint Paul, MN, 55103 offers $1,926/mo rent that, after a $1,072/mo payment, leaves $558/mo cash flow. Total monthly income is $1,926/mo, and annual cash flow is $6,700/yr on $72,599 cash. Return on cash invested measures 29.14% in year one, and rental yield stands at 10.55% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 152.43% and total cumulative return in cash reaches $110,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,926/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
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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Nearby investment properties with comparable prices
Listed by: Karin Rice-Duncanson • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6658336