1948 Glenhill RdMendota HeightsMN55118
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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
Rental property for sale in Mendota Heights at 1948 Glenhill Rd, Mendota Heights, MN, 55118 generates $4,997/mo in rent, after a $6,118/mo payment. Total monthly income is $4,997/mo. Return on cash invested sits at 12.05% in year one, and rental yield is 4.8% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 60.67% and total cumulative return in cash sums $245,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,997/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.88 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
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Listed by: Dan Duddingston • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6634713