2470 Hillside RdWhite Bear LakeMN55110
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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 White Bear Lake at 2470 Hillside Rd, White Bear Lake, MN, 55110 listed at $445,000 pairs $3,097/mo rent with a $2,178/mo payment to leave $318/mo cash flow. Total monthly income runs $3,097/mo, and annual cash flow reaches $3,819/yr on $147,518 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.35% at a $445,000 basis. Equity gained on principal adds $2,872/yr, and annual property appreciation at 5% supports $122,945 by year five. Five-year ROI tracks 116.82% and total cumulative return in cash totals $172,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,097/mo property income relative to a $2,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55110, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 12,150 (71.6%) |
| Renter Occupied HU | 4,031 (23.7%) |
| Vacant Housing Units | 800 ( 4.7%) |
| Median Home Value | $379,058 |
| Average Home Value | $444,905 |
Housing Distribution
Address Breakdown
Residential
16,447
Single Family
13,844
Multi-Family
2,603
Businesses
1,235
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Listed by: Angela Goodwin • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010820