116 13th Ave SESaint 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
Total monthly income runs $1,696/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 7.02% with $1,696/mo rent. Return on cash invested shows 18.48% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 95.26% and total cumulative return in cash records $91,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.26 Acres 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: Nicole Theisen • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6706822
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