1667 Arona St #8Falcon HeightsMN55108
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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 Falcon Heights at 1667 Arona St #8, Falcon Heights, MN, 55108 uses $129,252 cash to close to unlock $3,704/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $2,743/mo, and a $1,908/mo payment keeps the spread at $309/mo. Purchase price stands at $389,900, and rental yield measures 8.44% with $2,743/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 118.28% and total cumulative return in cash records $152,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55108, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 2,972 (41.3%) |
| Renter Occupied HU | 3,765 (52.4%) |
| Vacant Housing Units | 454 ( 6.3%) |
| Median Home Value | $380,852 |
| Average Home Value | $445,596 |
Housing Distribution
Address Breakdown
Residential
6,555
Single Family
4,072
Multi-Family
2,483
Businesses
405
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Listed by: Kerby & Cristina Real Estate Experts • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822519