1007 1st St SCold SpringMN56320
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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 Cold Spring at 1007 1st St S, Cold Spring, MN, 56320 earns $272/mo cash flow from $2,270/mo rent with a $1,566/mo payment. Total monthly income totals $2,270/mo, and annual cash flow totals $3,266/yr on $106,047 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.52% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash sums $126,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,270/mo property income instead of your personal income.
Single Family
Built in 1959
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
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Listed by: Sarah Neu • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806709