10208 46th St NESaint MichaelMN55376
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 Michael at 10208 46th St NE, Saint Michael, MN, 55376 earns $570/mo cash flow from $3,036/mo rent with a $1,933/mo payment. Total monthly income totals $3,036/mo, and annual cash flow totals $6,837/yr on $130,943 capital. ROI tracks 25.13% on current figures, and rental yield reads 9.22% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash sums $171,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,036/mo property income instead of your personal income.
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theodora Thea Velic • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781286