2591 Cedar AveWhite Bear LakeMN55110
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
Investment Highlights
Investment property for sale in White Bear Lake at 2591 Cedar Ave, White Bear Lake, MN, 55110 at $340,000 posts ROI 22.92% with $283/mo cash flow from $2,453/mo rent. Total monthly income equals $2,453/mo, and annual cash flow records $3,399/yr on $112,710 to close. Return on cash invested measures 22.92% and rental yield reads 8.66% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 119.3% and total cumulative return in cash totals $134,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,453/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
10,400 sqft 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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Nearby investment properties with comparable prices
Listed by: Stephanie Checkley • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6660122
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