101 8th Ave NSaint JamesMN56081
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
Investment property for sale in Saint James at 101 8th Ave N, Saint James, MN, 56081 at $230,000 posts ROI 23.27% with $214/mo cash flow from $1,650/mo rent. Total monthly income equals $1,650/mo, and annual cash flow records $2,562/yr on $76,245 to close. Return on cash invested measures 23.27% and rental yield reads 8.61% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 120.96% and total cumulative return in cash totals $92,227.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56081, Saint James, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,704 (100%) |
| Owner Occupied HU | 1,805 (66.8%) |
| Renter Occupied HU | 671 (24.8%) |
| Vacant Housing Units | 228 ( 8.4%) |
| Median Home Value | $173,364 |
| Average Home Value | $216,896 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,143
Multi-Family
306
Businesses
176
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Listed by: Zach Romsdahl • EXIT REALTY - GREAT PLAINS
Mls Name: EXIT Realty broker feed
Mls ID: #6718962