888 Laurel AveSaint PaulMN55104
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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 888 Laurel Ave, Saint Paul, MN, 55104 offers $3,286/mo rent that, after a $2,104/mo payment, leaves $602/mo cash flow. Total monthly income is $3,286/mo, and annual cash flow is $7,220/yr on $142,512 cash. Return on cash invested measures 24.97% in year one, and rental yield stands at 9.17% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 130.08% and total cumulative return in cash reaches $185,383. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,286/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
6,000 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: John S. Lynden • Lynden Realty, Ltd.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825757