1840 Twin Circle DrMendota HeightsMN55118
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 1840 Twin Circle Dr, Mendota Heights, MN, 55118 in Mendota Heights. At $599,777 it earns $3,974/mo in rent and distributes $229/mo to the owner after the $2,697/mo payment, a consistent 7.95% yield. DSCR 1.47 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $165,707 in value; $5,524/yr in principal paydown compounds ownership stake. Total projected return: $242,311.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $229 | $320 |
City averages based on Mendota Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,974 |
| Total Monthly Debt Service | $3,507 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No 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
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
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No 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: Jonathan P Minerick • homecoin.com
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785792