838 Sherburne 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
Rental property for sale in Saint Paul at 838 Sherburne Ave, Saint Paul, MN, 55104 priced at $229,900 converts $1,217/mo rent into after a $1,125/mo obligation. Total monthly income equals $1,217/mo. Return on cash invested prints 16.47% in year one, and rental yield reads 6.35% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 84.51% and total cumulative return in cash sums $64,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,217/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Multi Family
Built in 1884
3,920 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: James Kolde • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781508