12235 323rd AvePrincetonMN55371
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
Investment property for sale in Princeton at 12235 323rd Ave, Princeton, MN, 55371 listed at $1,450,000 pairs $1,500/mo rent with a $7,097/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 1.07% in year one, and rental yield registers 1.24% at a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and annual property appreciation at 5% supports $400,608 by year five. Five-year ROI tracks 1.81% and total cumulative return in cash totals $8,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $7,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
31.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55371, Princeton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 5,419 (78.9%) |
| Renter Occupied HU | 1,108 (16.1%) |
| Vacant Housing Units | 344 ( 5.0%) |
| Median Home Value | $332,107 |
| Average Home Value | $352,440 |
Housing Distribution
Address Breakdown
Residential
6,936
Single Family
6,457
Multi-Family
479
Businesses
461
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Listed by: Kellie Tabery • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6717726
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