1830 Eagle Ridge Dr APT 2005Mendota HeightsMN55118
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 Mendota Heights at 1830 Eagle Ridge Dr APT 2005, Mendota Heights, MN, 55118 earns from $2,680/mo rent with a $1,816/mo payment. Total monthly income totals $2,680/mo. ROI tracks 14.84% on current figures, and rental yield reads 8.67% at a $371,000 purchase. Equity gained on principal adds $2,394/yr, and 5% annual appreciation supports $102,500 over five years. Five-year ROI reaches 78.86% and total cumulative return in cash sums $96,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,680/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$883 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55118, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,665 (100%) |
| Owner Occupied HU | 8,126 (59.5%) |
| Renter Occupied HU | 4,899 (35.9%) |
| Vacant Housing Units | 640 ( 4.7%) |
| Median Home Value | $423,091 |
| Average Home Value | $490,785 |
Housing Distribution
Address Breakdown
Residential
13,700
Single Family
8,258
Multi-Family
5,442
Businesses
759
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Dorn - The Dorn Group • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6716035
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