933 Ledgestone DrMahtomediMN55115
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
Rental property for sale in Mahtomedi at 933 Ledgestone Dr, Mahtomedi, MN, 55115 generates $2,347/mo in rent and, after a $1,468/mo payment, leaves $124/mo in cash flow. Total monthly income is $2,347/mo, and annual cash flow is $1,488/yr on $99,450 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 9.39% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash sums $111,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,347/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
1,306 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55115, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,832 (100%) |
| Owner Occupied HU | 2,873 (75.0%) |
| Renter Occupied HU | 809 (21.1%) |
| Vacant Housing Units | 150 ( 3.9%) |
| Median Home Value | $575,470 |
| Average Home Value | $659,920 |
Housing Distribution
Address Breakdown
Residential
3,644
Single Family
3,060
Multi-Family
584
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Ana-Maria Vogler • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6759608
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