14620 Garrett Ave APT 208Apple ValleyMN55124
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 Apple Valley at 14620 Garrett Ave APT 208, Apple Valley, MN, 55124 earns $439/mo cash flow from $1,553/mo rent with a $621/mo payment. Total monthly income totals $1,553/mo, and annual cash flow totals $5,263/yr on $42,067 capital. ROI tracks 32.42% on current figures, and rental yield reads 14.69% at a $126,900 purchase. Equity gained on principal adds $819/yr, and 5% annual appreciation supports $35,060 over five years. Five-year ROI reaches 173.38% and total cumulative return in cash sums $72,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,553/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$321 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55124, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,596 (100%) |
| Owner Occupied HU | 16,067 (71.1%) |
| Renter Occupied HU | 5,796 (25.7%) |
| Vacant Housing Units | 733 ( 3.2%) |
| Median Home Value | $419,093 |
| Average Home Value | $444,563 |
Housing Distribution
Address Breakdown
Residential
22,876
Single Family
18,139
Multi-Family
4,737
Businesses
1,102
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Listed by: Niki H Moeller • RE/MAX Results
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6524769
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