Michael Collins Plan, The American Cooperative on Lake PhalenSaint PaulMN55109
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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 Michael Collins Plan, The American Cooperative on Lake Phalen, Saint Paul, MN, 55109 generates $3,032/mo in rent and, after a $1,380/mo payment, leaves $1,271/mo in cash flow. Total monthly income is $3,032/mo, and annual cash flow is $15,257/yr on $93,463 invested. Return on cash invested sits at 36.23% in year one, and rental yield is 12.9% on a $281,941 entry. Equity gained on principal adds $1,819/yr, while 5% annual appreciation builds toward $77,895 over five years. Five-year ROI reaches 190.48% and total cumulative return in cash sums $178,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,032/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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Listed by: N/A • Gramercy Development
Mls Name: Gramercy Development
Mls ID: #N/A