653 Thomas AveSaint PaulMN55104
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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 653 Thomas Ave, Saint Paul, MN, 55104 with 5% annual appreciation on a $237,000 basis while $2,201/mo rent supports operations. Total monthly income totals $2,201/mo and a $1,160/mo payment preserves $721/mo for cash returns. Annual cash flow comes to $8,653/yr on $78,566 deployed, and return on cash invested reaches 30.92% in year one. Equity gained on principal adds $1,529/yr, and five-year appreciation sums $65,479 alongside rental yield of 11.14%. Five-year ROI measures 162.04% and total cumulative return in cash totals $127,304.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,201/mo property income versus a $1,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
4,922 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
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Listed by: Nou Kou Yang • Home Sellers
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824462