1703 18th Ave NWNew 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
Investment property for sale in New Brighton at 1703 18th Ave NW, New Brighton, MN, 55112 offers a 8.5% rental yield on a $389,900 purchase with $2,762/mo rent. Total monthly income registers $2,762/mo, and a $1,908/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,932/yr on $129,252 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 119.23% and total cumulative return in cash at $154,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,762/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.25 Acres 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: Nicole L Stone • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796877