11445 16th St NESaint MichaelMN55376
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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 Saint Michael at 11445 16th St NE, Saint Michael, MN, 55376 earns $818/mo cash flow from $2,566/mo rent with a $1,370/mo payment. Total monthly income totals $2,566/mo, and annual cash flow totals $9,818/yr on $92,787 capital. ROI tracks 30.49% on current figures, and rental yield reads 11% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 159.71% and total cumulative return in cash sums $148,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,566/mo property income instead of your personal income.
Townhouse
Built in 2005
2,178 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
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Listed by: Thomas S Tamba • One Premium Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6799512