1101 Sibley Memorial Hwy APT 310Mendota HeightsMN55118
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
Investment property for sale in Mendota Heights at 1101 Sibley Memorial Hwy APT 310, Mendota Heights, MN, 55118 earns $408/mo cash flow from $2,156/mo rent with a $1,370/mo payment. Total monthly income totals $2,156/mo, and annual cash flow totals $4,898/yr on $92,787 capital. ROI tracks 25.19% on current figures, and rental yield reads 9.24% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 131.26% and total cumulative return in cash sums $121,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,156/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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: Grace McDonald • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003908