12975 185th StCold 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 12975 185th St, Cold Spring, MN, 56320 generates $3,565/mo in rent, after a $3,303/mo payment. Total monthly income is $3,565/mo. Return on cash invested sits at 16.55% in year one, and rental yield is 6.34% on a $674,900 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation builds toward $186,462 over five years. Five-year ROI reaches 84.88% and total cumulative return in cash sums $188,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,565/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5 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: Steven Merten • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6726945