2231 Penn Pl APT 120North Saint PaulMN55109
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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 North Saint Paul at 2231 Penn Pl APT 120, North Saint Paul, MN, 55109 earns $116/mo cash flow from $1,458/mo rent with a $1,052/mo payment. Total monthly income totals $1,458/mo, and annual cash flow totals $1,389/yr on $71,273 capital. ROI tracks 21.86% on current figures, and rental yield reads 8.14% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 113.38% and total cumulative return in cash sums $80,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,458/mo property income instead of your personal income.
Condo
Built in 2003
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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Listed by: Taylor Matzoll • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6777184