928 1st StSaint Paul ParkMN55071
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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 Park at 928 1st St, Saint Paul Park, MN, 55071 generates $3,281/mo in rent and, after a $1,835/mo payment, leaves $940/mo in cash flow. Total monthly income is $3,281/mo, and annual cash flow is $11,277/yr on $124,313 invested. Return on cash invested sits at 28.98% in year one, and rental yield is 10.5% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 151.57% and total cumulative return in cash sums $188,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,281/mo property income rather than buyer’s personal income.
Multi Family
Built in 1890
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55071, Saint Paul Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,230 (100%) |
| Owner Occupied HU | 1,761 (79.0%) |
| Renter Occupied HU | 399 (17.9%) |
| Vacant Housing Units | 70 ( 3.1%) |
| Median Home Value | $310,359 |
| Average Home Value | $363,184 |
Housing Distribution
Address Breakdown
Residential
2,200
Single Family
2,093
Multi-Family
107
Businesses
107
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Listed by: Paige Vadnais • Real Broker LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807729