1294 Stone Ridge RdSauk RapidsMN56379
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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 Sauk Rapids at 1294 Stone Ridge Rd, Sauk Rapids, MN, 56379 generates $1,717/mo in rent, after a $1,468/mo payment. Total monthly income is $1,717/mo. Return on cash invested sits at 18.03% in year one, and rental yield is 6.87% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 92.86% and total cumulative return in cash sums $92,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,717/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56379, Sauk Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,419 (100%) |
| Owner Occupied HU | 4,689 (63.2%) |
| Renter Occupied HU | 2,464 (33.2%) |
| Vacant Housing Units | 266 ( 3.6%) |
| Median Home Value | $279,100 |
| Average Home Value | $326,065 |
Housing Distribution
Address Breakdown
Residential
7,381
Single Family
5,551
Multi-Family
1,830
Businesses
493
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Listed by: Samuel Lieser • Purpose Driven Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6740185