2037 Gresham Ave NOakdaleMN55128
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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 Oakdale at 2037 Gresham Ave N, Oakdale, MN, 55128 uses $86,157 cash to close to unlock $7,478/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $2,246/mo, and a $1,272/mo payment keeps the spread at $623/mo. Purchase price stands at $259,900, and rental yield measures 10.37% with $2,246/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 149.5% and total cumulative return in cash records $128,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,246/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55128, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,062 (100%) |
| Owner Occupied HU | 9,012 (69.0%) |
| Renter Occupied HU | 3,381 (25.9%) |
| Vacant Housing Units | 669 ( 5.1%) |
| Median Home Value | $350,851 |
| Average Home Value | $408,487 |
Housing Distribution
Address Breakdown
Residential
12,003
Single Family
10,104
Multi-Family
1,899
Businesses
819
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