115 Colman CtSaint JosephMN56374
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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 Joseph at 115 Colman Ct, Saint Joseph, MN, 56374 listed at $399,000 pairs $2,322/mo rent with a $1,953/mo payment. Total monthly income runs $2,322/mo. Return on cash invested measures 18.37% in year one, and rental yield registers 6.98% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 94.67% and total cumulative return in cash totals $125,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,322/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56374, Saint Joseph, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,771 (100%) |
| Owner Occupied HU | 2,799 (74.2%) |
| Renter Occupied HU | 707 (18.7%) |
| Vacant Housing Units | 265 ( 7.0%) |
| Median Home Value | $378,368 |
| Average Home Value | $446,848 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
2,988
Multi-Family
367
Businesses
221
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Listed by: Matthew A. Imdieke • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6786466