708 Hamline Ave NSaint 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
Rental property for sale in Saint Paul at 708 Hamline Ave N, Saint Paul, MN, 55104 offers $1,247/mo rent that, after a $808/mo payment, leaves $216/mo cash flow. Total monthly income is $1,247/mo, and annual cash flow is $2,595/yr on $54,698 cash. Return on cash invested measures 24.65% in year one, and rental yield stands at 9.07% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 128.45% and total cumulative return in cash reaches $70,259. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,247/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
3,049 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: Jeremy R. Chubb • Leading Edge Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6749473