3200 Virginia Ave S APT 218Saint Louis ParkMN55426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3200 Virginia Ave S APT 218, Saint Louis Park, MN, 55426 earns from $1,265/mo rent with a $780/mo payment. Total monthly income totals $1,265/mo. ROI tracks 13.34% on current figures, and rental yield reads 9.52% at a $159,400 purchase. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,039 over five years. Five-year ROI reaches 72.32% and total cumulative return in cash sums $38,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,265/mo property income instead of your personal income.
Condo
Built in 1969
2.31 Acres lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55426, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,507 (100%) |
| Owner Occupied HU | 7,030 (56.2%) |
| Renter Occupied HU | 4,846 (38.7%) |
| Vacant Housing Units | 631 ( 5.0%) |
| Median Home Value | $391,247 |
| Average Home Value | $451,864 |
Housing Distribution
Address Breakdown
Residential
12,217
Single Family
7,737
Multi-Family
4,480
Businesses
933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claire C Persaud • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6698561
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