1900 Rush Lake Trl APT 116New BrightonMN55112
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 New Brighton at 1900 Rush Lake Trl APT 116, New Brighton, MN, 55112 offers a 7.72% rental yield on a $361,000 purchase with $2,322/mo rent. 45% in year one. Equity gained on principal adds $2,329/yr while 5% annual appreciation supports $99,738 over five years. Portfolio math shows five-year ROI at 35.86% and total cumulative return in cash at $42,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,322/mo property income against a $1,767/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
10.53 Acres lot
$N/A/sqft
$1,410 monthly 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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Nearby investment properties with comparable prices
Listed by: Mike Manning • Senior Solutions
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6726094
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