1219 6th Ave NSaint CloudMN56303
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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 Cloud at 1219 6th Ave N, Saint Cloud, MN, 56303 uses $96,135 cash to close to unlock $14,910/yr annual cash flow and $1,243/mo monthly cash flow. Total monthly income runs $3,053/mo, and a $1,419/mo payment keeps the spread at $1,243/mo. Purchase price stands at $290,000, and rental yield measures 12.63% with $3,053/mo rent. Return on cash invested shows 35.42% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 186.09% and total cumulative return in cash records $178,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,053/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1941
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56303, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,843 (100%) |
| Owner Occupied HU | 7,277 (56.7%) |
| Renter Occupied HU | 4,998 (38.9%) |
| Vacant Housing Units | 568 ( 4.4%) |
| Median Home Value | $267,591 |
| Average Home Value | $314,287 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
8,900
Multi-Family
3,251
Businesses
536
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Listed by: Joseph Cameron • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6772360