2360 Apache CtMendota HeightsMN55120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2360 Apache Ct, Mendota Heights, MN, 55120 in Mendota Heights. Priced at $559,900, it generates $4,855/mo in gross rent and $1,359/mo in net monthly cash flow, a 10.41% yield that comfortably supports the 1.93 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,307. Five-year appreciation: $154,690. Equity from principal paydown: $5,157/yr. Total projected cumulative return: $299,897.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $1,359 | $320 |
City averages based on Mendota Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,855 |
| Total Monthly Debt Service | $3,274 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
0.59 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1986
0.59 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reidell Estey & Associates Marti Estey • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779874