2220 Midland Grove Rd APT 307RosevilleMN55113
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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 Roseville at 2220 Midland Grove Rd APT 307, Roseville, MN, 55113 generates $1,101/mo in rent and, after a $685/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,101/mo, and annual cash flow is $2,724/yr on $46,410 invested. Return on cash invested sits at 25.78% in year one, and rental yield is 9.44% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 134.37% and total cumulative return in cash sums $62,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,101/mo property income rather than buyer’s personal income.
Condo
Built in 1969
87.12 sqft lot
$N/A/sqft
No 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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