1280 Dodd RdMendota HeightsMN55118
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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 Mendota Heights at 1280 Dodd Rd, Mendota Heights, MN, 55118 generates $2,850/mo in rent and, after a $1,889/mo payment, leaves $440/mo in cash flow. Total monthly income is $2,850/mo, and annual cash flow is $5,280/yr on $127,926 invested. Return on cash invested sits at 24.04% in year one, and rental yield is 8.86% on a $385,900 entry. Equity gained on principal adds $2,490/yr, while 5% annual appreciation builds toward $106,617 over five years. Five-year ROI reaches 125.08% and total cumulative return in cash sums $160,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,850/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.50 Acres 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: Lillian Derevitsky • BLIS Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007922