1301 E Minnesota StSaint JosephMN56374
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 Saint Joseph at 1301 E Minnesota St, Saint Joseph, MN, 56374 earns $920/mo cash flow from $2,543/mo rent with a $1,272/mo payment. Total monthly income totals $2,543/mo, and annual cash flow totals $11,042/yr on $86,157 capital. ROI tracks 32.72% on current figures, and rental yield reads 11.74% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 171.68% and total cumulative return in cash sums $147,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,543/mo property income instead of your personal income.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56374, Saint Joseph, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,771 (100%) |
| Owner Occupied HU | 2,799 (74.2%) |
| Renter Occupied HU | 707 (18.7%) |
| Vacant Housing Units | 265 ( 7.0%) |
| Median Home Value | $378,368 |
| Average Home Value | $446,848 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
2,988
Multi-Family
367
Businesses
221
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Listed by: Josh A Pomerleau • JPW Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791623