1999 6th StWhite Bear LakeMN55110
Nearby investment properties with comparable rents
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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 White Bear Lake at 1999 6th St, White Bear Lake, MN, 55110 generates $5,394/mo in rent and, after a $2,007/mo payment, leaves $2,801/mo in cash flow. Total monthly income is $5,394/mo, and annual cash flow is $33,608/yr on $135,915 invested. Return on cash invested sits at 44.64% in year one, and rental yield is 15.79% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 235.62% and total cumulative return in cash sums $320,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,394/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55110, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 12,150 (71.6%) |
| Renter Occupied HU | 4,031 (23.7%) |
| Vacant Housing Units | 800 ( 4.7%) |
| Median Home Value | $379,058 |
| Average Home Value | $444,905 |
Housing Distribution
Address Breakdown
Residential
16,447
Single Family
13,844
Multi-Family
2,603
Businesses
1,235
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Nearby investment properties with comparable prices
Listed by: Crush Real Estate Group - Laura Whitney • LaBelle Real Estate Group Inc
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6614968
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