944 California Ave WSaint PaulMN55117
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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 944 California Ave W, Saint Paul, MN, 55117 generates $2,160/mo in rent and, after a $1,395/mo payment, leaves $380/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $4,563/yr on $94,478 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.09% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash sums $121,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55117, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 9,125 (52.3%) |
| Renter Occupied HU | 7,602 (43.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $306,338 |
| Average Home Value | $366,984 |
Housing Distribution
Address Breakdown
Residential
16,588
Single Family
11,269
Multi-Family
5,319
Businesses
867
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Listed by: Dawn M. Keenan • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807092