1651 Oregon Ave SSaint Louis ParkMN55426
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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
Investment property for sale in Saint Louis Park at 1651 Oregon Ave S, Saint Louis Park, MN, 55426 listed at $439,900 pairs $3,216/mo rent with a $2,153/mo payment to leave $469/mo cash flow. Total monthly income runs $3,216/mo, and annual cash flow reaches $5,630/yr on $145,827 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 8.77% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 123.64% and total cumulative return in cash totals $180,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,216/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55426, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,507 (100%) |
| Owner Occupied HU | 7,030 (56.2%) |
| Renter Occupied HU | 4,846 (38.7%) |
| Vacant Housing Units | 631 ( 5.0%) |
| Median Home Value | $391,247 |
| Average Home Value | $451,864 |
Housing Distribution
Address Breakdown
Residential
12,217
Single Family
7,737
Multi-Family
4,480
Businesses
933
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Listed by: Daniel L Revsbech • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791530