1311 15th Ave NPrincetonMN55371
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 Princeton at 1311 15th Ave N, Princeton, MN, 55371 listed at $289,900 pairs $1,602/mo rent with a $1,419/mo payment. Total monthly income runs $1,602/mo. Return on cash invested measures 17.31% in year one, and rental yield registers 6.63% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 88.96% and total cumulative return in cash totals $85,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,602/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55371, Princeton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 5,419 (78.9%) |
| Renter Occupied HU | 1,108 (16.1%) |
| Vacant Housing Units | 344 ( 5.0%) |
| Median Home Value | $332,107 |
| Average Home Value | $352,440 |
Housing Distribution
Address Breakdown
Residential
6,936
Single Family
6,457
Multi-Family
479
Businesses
461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices