514 Cleveland Ave SWNew BrightonMN55112
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 New Brighton at 514 Cleveland Ave SW, New Brighton, MN, 55112 at $460,000 posts ROI 25.87% with $757/mo cash flow from $3,629/mo rent. Total monthly income equals $3,629/mo, and annual cash flow records $9,084/yr on $152,490 to close. Return on cash invested measures 25.87% and rental yield reads 9.47% at the current $460,000. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 by year five. Five-year ROI prints 134.84% and total cumulative return in cash totals $205,621.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,629/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.40 Acres 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: Kevin R. Folkerts • Rocket Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6816175