1494 21st Ave NW APT 4New BrightonMN55112
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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 New Brighton at 1494 21st Ave NW APT 4, New Brighton, MN, 55112 generates $1,263/mo in rent and, after a $812/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,263/mo, and annual cash flow is $2,723/yr on $55,029 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.13% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash sums $71,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,263/mo property income rather than buyer’s personal income.
Townhouse
Built in 1965
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55112, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 12,013 (64.8%) |
| Renter Occupied HU | 5,847 (31.5%) |
| Vacant Housing Units | 684 ( 3.7%) |
| Median Home Value | $371,750 |
| Average Home Value | $404,876 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,357
Multi-Family
5,773
Businesses
1,097
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Listed by: Sean O'Brien • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823118