2721 Rice Creek RdNew BrightonMN55112
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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 New Brighton at 2721 Rice Creek Rd, New Brighton, MN, 55112 earns $859/mo cash flow from $3,044/mo rent with a $1,713/mo payment. Total monthly income totals $3,044/mo, and annual cash flow totals $10,302/yr on $116,025 capital. ROI tracks 28.79% on current figures, and rental yield reads 10.44% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 150.55% and total cumulative return in cash sums $174,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,044/mo property income instead of your personal income.
Townhouse
Built in 1989
0.04 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: Marie Ashworth • Ashworth Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6777575