2592 Moundsview Dr #12Mounds ViewMN55112
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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 Mounds View at 2592 Moundsview Dr #12, Mounds View, MN, 55112 uses $67,958 cash to close to unlock $8,043/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $1,003/mo payment keeps the spread at $670/mo. Purchase price stands at $205,000, and rental yield measures 11.41% with $1,950/mo rent. Return on cash invested shows 31.74% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 166.44% and total cumulative return in cash records $113,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 1983
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55112, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 12,013 (64.8%) |
| Renter Occupied HU | 5,847 (31.5%) |
| Vacant Housing Units | 684 ( 3.7%) |
| Median Home Value | $371,750 |
| Average Home Value | $404,876 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,357
Multi-Family
5,773
Businesses
1,097
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Listed by: Stacee A. Draz • Draz Real Estate Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6772278