4680 Ridge Cliff Dr #0Saint PaulMN55122
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 Paul at 4680 Ridge Cliff Dr #0, Saint Paul, MN, 55122 uses $102,765 cash to close to unlock $8,370/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,633/mo, and a $1,517/mo payment keeps the spread at $698/mo. Purchase price stands at $310,000, and rental yield measures 10.19% with $2,633/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 146.6% and total cumulative return in cash records $150,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,633/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55122, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,366 (66.3%) |
| Renter Occupied HU | 4,317 (30.5%) |
| Vacant Housing Units | 449 ( 3.2%) |
| Median Home Value | $414,072 |
| Average Home Value | $458,508 |
Housing Distribution
Address Breakdown
Residential
14,319
Single Family
10,608
Multi-Family
3,711
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John M. Canny • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6815225