113 Saint Anthony St NPrestonMN55965
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
Rental property for sale in Preston at 113 Saint Anthony St N, Preston, MN, 55965 priced at $180,000 converts $1,679/mo rent into $555/mo cash flow after a $881/mo obligation. Total monthly income equals $1,679/mo, and annual cash flow totals $6,660/yr on $59,670 invested. Return on cash invested prints 31.07% in year one, and rental yield reads 11.19% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 162.78% and total cumulative return in cash sums $97,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,679/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1906
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55965, Preston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 861 (70.8%) |
| Renter Occupied HU | 220 (18.1%) |
| Vacant Housing Units | 135 (11.1%) |
| Median Home Value | $307,554 |
| Average Home Value | $419,019 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
873
Multi-Family
37
Businesses
116
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Nearby investment properties with comparable prices
Listed by: Theodore J. Daley • Keller Williams Premier Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6575973
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