113 E 7th StSaint CharlesMN55972
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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 Charles at 113 E 7th St, Saint Charles, MN, 55972 generates $2,101/mo in rent and, after a $1,370/mo payment, leaves $353/mo in cash flow. Total monthly income is $2,101/mo, and annual cash flow is $4,238/yr on $92,787 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.01% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $118,261. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55972, Saint Charles, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,099 (100%) |
| Owner Occupied HU | 1,511 (72.0%) |
| Renter Occupied HU | 476 (22.7%) |
| Vacant Housing Units | 112 ( 5.3%) |
| Median Home Value | $302,063 |
| Average Home Value | $403,921 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
1,906
Multi-Family
161
Businesses
168
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Listed by: Camille Hanson • Counselor Realty of Rochester
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6809191