1887 Lakewood Dr NMaplewoodMN55109
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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 Maplewood at 1887 Lakewood Dr N, Maplewood, MN, 55109 uses $142,512 cash to close to unlock $6,860/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $3,256/mo, and a $2,104/mo payment keeps the spread at $572/mo. Purchase price stands at $429,900, and rental yield measures 9.09% with $3,256/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 128.73% and total cumulative return in cash records $183,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,256/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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