2721 Colorado Ave SSaint Louis ParkMN55416
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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 Saint Louis Park at 2721 Colorado Ave S, Saint Louis Park, MN, 55416 earns $938/mo cash flow from $3,904/mo rent with a $2,325/mo payment. Total monthly income totals $3,904/mo, and annual cash flow totals $11,253/yr on $157,463 capital. ROI tracks 27.06% on current figures, and rental yield reads 9.86% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 141.23% and total cumulative return in cash sums $222,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,904/mo property income instead of your personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55416, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,342 (100%) |
| Owner Occupied HU | 8,308 (40.8%) |
| Renter Occupied HU | 10,114 (49.7%) |
| Vacant Housing Units | 1,920 ( 9.4%) |
| Median Home Value | $532,918 |
| Average Home Value | $587,316 |
Housing Distribution
Address Breakdown
Residential
19,078
Single Family
8,037
Multi-Family
11,041
Businesses
1,288
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Listed by: Joe Mueller • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779410