618 9th Ave NWNew BrightonMN55112
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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 New Brighton at 618 9th Ave NW, New Brighton, MN, 55112 earns $187/mo cash flow from $2,684/mo rent with a $1,957/mo payment. Total monthly income totals $2,684/mo, and annual cash flow totals $2,246/yr on $132,567 capital. ROI tracks 21.6% on current figures, and rental yield reads 8.05% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash sums $148,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,684/mo property income instead of your personal income.
Single Family
Built in 1955
7,579 sqft 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: Layla Rismoen • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002495