962 Smith Ave SWest Saint PaulMN55118
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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
Investment property for sale in West Saint Paul at 962 Smith Ave S, West Saint Paul, MN, 55118 uses $111,351 cash to close to unlock $1,890/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $2,255/mo, and a $1,644/mo payment keeps the spread at $158/mo. Purchase price stands at $335,900, and rental yield measures 8.06% with $2,255/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $92,803 over five years. Five-year ROI reaches 112.04% and total cumulative return in cash records $124,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,255/mo property income covering a $1,644/mo payment rather than investor’s personal income.
Multi Family
Built in 1941
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55118, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,665 (100%) |
| Owner Occupied HU | 8,126 (59.5%) |
| Renter Occupied HU | 4,899 (35.9%) |
| Vacant Housing Units | 640 ( 4.7%) |
| Median Home Value | $423,091 |
| Average Home Value | $490,785 |
Housing Distribution
Address Breakdown
Residential
13,700
Single Family
8,258
Multi-Family
5,442
Businesses
759
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Listed by: Dariia Kalashnikau • Abitare Homes Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6818408