298 70th St NMAHTOMEDIMN55115
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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 MAHTOMEDI at 298 70th St N, MAHTOMEDI, MN, 55115 offers a 10.53% rental yield on a $465,000 purchase with $4,080/mo rent. Total monthly income registers $4,080/mo, and a $2,276/mo payment leaves $1,176/mo available for distribution. Annual cash flow reaches $14,115/yr on $154,148 to close, and return on cash invested stands at 29.07% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 152.04% and total cumulative return in cash at $234,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,080/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55115, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,832 (100%) |
| Owner Occupied HU | 2,873 (75.0%) |
| Renter Occupied HU | 809 (21.1%) |
| Vacant Housing Units | 150 ( 3.9%) |
| Median Home Value | $575,470 |
| Average Home Value | $659,920 |
Housing Distribution
Address Breakdown
Residential
3,644
Single Family
3,060
Multi-Family
584
Businesses
91
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