2516 Lockwood Dr #50, Saint Paul, MN, 55120 | 7.48% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1334 sft

500 Grant St E #1507, Minneapolis, MN, 55404

2 Bed
3 Bath
1937 sft

500 E Grant St APT 2210, Minneapolis, MN, 55404

2 Bed
2 Bath
1334 sft

500 E Grant St APT 907, Minneapolis, MN, 55404

2 Bed
3 Bath
1404 sft

20055 Heritage Dr, Lakeville, MN, 55044

Nearby investment properties with comparable prices

3 Bed
2 Bath
1671 sft

6887 Folkestone Rd #712, Saint Paul, MN, 55124

2 Bed
2 Bath
1728 sft

7508 59th Pl N, Crystal, MN, 55428

3 Bed
2 Bath
1624 sft

3229 4th St N, Minneapolis, MN, 55412

4 Bed
2 Bath
1738 sft

6921 Russell Ave S, Richfield, MN, 55423

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,094/mo, and a $1,645/mo payment. Purchase price stands at $336,000, and rental yield measures 7.48% with $2,094/mo rent. Return on cash invested shows 19.86% in year one, and 5% annual appreciation builds toward $92,831 over five years. Five-year ROI reaches 102.67% and total cumulative return in cash records $114,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,645/mo payment rather than investor’s personal income.

Townhouse

Built in 1993

N/A lot

$N/A/sqft

No HOA