900 Palace AveSaint PaulMN55102
Nearby investment properties with comparable rents
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 900 Palace Ave, Saint Paul, MN, 55102 offers $1,736/mo rent that, after a $1,459/mo payment. Total monthly income is $1,736/mo. Return on cash invested measures 16.33% in year one, and rental yield stands at 6.99% at a $297,997 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,331 by year five. Five-year ROI records 84.5% and total cumulative return in cash reaches $83,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,736/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1884
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55102, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,901 (100%) |
| Owner Occupied HU | 4,204 (35.3%) |
| Renter Occupied HU | 6,726 (56.5%) |
| Vacant Housing Units | 971 ( 8.2%) |
| Median Home Value | $379,658 |
| Average Home Value | $449,212 |
Housing Distribution
Address Breakdown
Residential
11,743
Single Family
4,352
Multi-Family
7,391
Businesses
889
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Nearby investment properties with comparable prices
Listed by: Zafar Khamdamov • Zafar Khamdamov
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6674326
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