12907 Glen Cove RdCold SpringMN56320
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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
Rental property for sale in Cold Spring at 12907 Glen Cove Rd, Cold Spring, MN, 56320 generates $2,986/mo in rent, after a $2,589/mo payment. Total monthly income is $2,986/mo. Return on cash invested sits at 17.87% in year one, and rental yield is 6.77% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 91.97% and total cumulative return in cash sums $160,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,986/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
9.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
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Listed by: Jerome A. Weber • Weber Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785636