3023 Cedar StLittle CanadaMN55117
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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
Rental property for sale in Little Canada at 3023 Cedar St, Little Canada, MN, 55117 priced at $371,210 pairs $1,380/mo rent with after a $1,817/mo payment. Total monthly income equals $1,380/mo. Return on cash invested is 8.65% in year one, and rental yield stands at 4.46% on a $371,210 basis. Equity gained on principal adds $2,395/yr, and 5% annual appreciation accumulates to $102,558 by year five. Five-year ROI measures 43.32% and total cumulative return in cash reaches $53,305. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $1,817/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
$216 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55117, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 9,125 (52.3%) |
| Renter Occupied HU | 7,602 (43.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $306,338 |
| Average Home Value | $366,984 |
Housing Distribution
Address Breakdown
Residential
16,588
Single Family
11,269
Multi-Family
5,319
Businesses
867
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Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6695838
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