120 Demont Ave E APT 208Little CanadaMN55117
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
Rental property for sale in Little Canada at 120 Demont Ave E APT 208, Little Canada, MN, 55117 generates $1,201/mo in rent and, after a $783/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,201/mo, and annual cash flow is $2,424/yr on $53,040 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.01% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $67,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olsen Group • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750658