2220 Midland Grove Rd APT 302RosevilleMN55113
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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 Roseville at 2220 Midland Grove Rd APT 302, Roseville, MN, 55113 uses $57,913 cash to close to unlock $6,852/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $2,070/mo, and a $855/mo payment keeps the spread at $571/mo. Purchase price stands at $174,700, and rental yield measures 14.22% with $2,070/mo rent. Return on cash invested shows 31.74% in year one, and 5% annual appreciation builds toward $48,266 over five years. Five-year ROI reaches 169.39% and total cumulative return in cash records $98,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $855/mo payment rather than investor’s personal income.
Multi Family
Built in 1969
1,306 sqft lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55113, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,080 (100%) |
| Owner Occupied HU | 11,174 (61.8%) |
| Renter Occupied HU | 6,171 (34.1%) |
| Vacant Housing Units | 735 ( 4.1%) |
| Median Home Value | $376,357 |
| Average Home Value | $433,089 |
Housing Distribution
Address Breakdown
Residential
19,068
Single Family
11,629
Multi-Family
7,439
Businesses
1,837
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