994 Heritage Ct E #406Saint 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
Rental property for sale in Saint Paul at 994 Heritage Ct E #406, Saint Paul, MN, 55127 generates $1,906/mo in rent and, after a $857/mo payment, leaves $471/mo in cash flow. Total monthly income is $1,906/mo, and annual cash flow is $5,649/yr on $58,013 invested. Return on cash invested sits at 29.65% in year one, and rental yield is 13.07% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 157.72% and total cumulative return in cash sums $91,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,906/mo property income rather than buyer’s personal income.
Condo
Built in 1987
871.20 sqft lot
$N/A/sqft
$342 monthly 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: Bruce C. Lindholm • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6726871
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