971 Heritage Ct E #204Saint PaulMN55127
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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 Saint Paul at 971 Heritage Ct E #204, Saint Paul, MN, 55127 uses $64,643 cash to close to unlock $3,585/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $954/mo payment keeps the spread at $299/mo. Purchase price stands at $195,000, and rental yield measures 9.33% with $1,516/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 132.67% and total cumulative return in cash records $85,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55127, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 6,292 (73.6%) |
| Renter Occupied HU | 1,775 (20.8%) |
| Vacant Housing Units | 480 ( 5.6%) |
| Median Home Value | $458,516 |
| Average Home Value | $534,441 |
Housing Distribution
Address Breakdown
Residential
8,077
Single Family
7,259
Multi-Family
818
Businesses
429
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Listed by: Mary A Spears • Marles Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6753915