Saint Paul, MN — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

5.0%

Below average

Monthly Cash Flow

-$294

After all expenses

Price-to-Rent

12.2

Investor-friendly

DSCR

0.78

Fails

📊 Key Metrics

Median Home Price: $283,500
Average Rent (3BR): $2,020/mo
Price-to-Rent Ratio: 12.2(good)
1% Rule: 0.68%(fails — need 1%+)
Cash-on-Cash Return: -5.9%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.5%(+0.2% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +0.2% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

1.05%

of assessed value (MN avg)

Median Income

$77,706

household (MN avg)

Rent-to-Income

31.2%

Moderate

Section 8 Max Rent

$2,020/mo

3BR voucher payment

🏛️ MN Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

1.05% effective

Population Trend

+0.2% (3yr)

🏘️ Best Zip Codes in Saint Paul for Investors

55101

Cap Rate: 12.1%Cash Flow: +$882/mo$184,281

55114

Cap Rate: 6.9%Cash Flow: +$116/mo$280,830

55102

Cap Rate: 6.4%Cash Flow: -$2/mo$286,171

All Zip Codes in Saint Paul

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
55101	12.1%	+$882	$184,281	$2,590/mo	1.90
55114	6.9%	+$116	$280,830	$2,450/mo	1.08
55102	6.4%	-$2	$286,171	$2,350/mo	1.00
55107	5.6%	-$186	$270,954	$2,000/mo	0.87
55130	5.4%	-$212	$251,749	$1,810/mo	0.84
55106	5.0%	-$296	$264,118	$1,810/mo	0.79
55103	5.0%	-$293	$254,028	$1,730/mo	0.78
55119	4.9%	-$373	$303,509	$2,040/mo	0.77
55117	4.7%	-$424	$301,478	$1,960/mo	0.74
55104	4.7%	-$442	$306,472	$1,980/mo	0.73
55116	2.8%	-$1,360	$459,769	$2,120/mo	0.44
55105	2.8%	-$1,431	$476,313	$2,170/mo	0.44