1306 N Washington AveSaint PeterMN56082
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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 Saint Peter at 1306 N Washington Ave, Saint Peter, MN, 56082 generates $2,137/mo in rent, after a $2,080/mo payment. Total monthly income is $2,137/mo. Return on cash invested sits at 15.51% in year one, and rental yield is 6.03% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 79.33% and total cumulative return in cash sums $111,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56082, Saint Peter, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,955 (100%) |
| Owner Occupied HU | 3,133 (63.2%) |
| Renter Occupied HU | 1,515 (30.6%) |
| Vacant Housing Units | 307 ( 6.2%) |
| Median Home Value | $318,662 |
| Average Home Value | $349,807 |
Housing Distribution
Address Breakdown
Residential
5,034
Single Family
4,015
Multi-Family
1,019
Businesses
388
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Listed by: PATTI PHERSON • Re/Max Dynamic Agents St. Peter
Mls Name: RASM
Mls ID: #7038315