1340 Scout DrSartellMN56377
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 Sartell at 1340 Scout Dr, Sartell, MN, 56377 uses $76,212 cash to close to unlock $6,404/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $1,969/mo, and a $1,125/mo payment keeps the spread at $534/mo. Purchase price stands at $229,900, and rental yield measures 10.28% with $1,969/mo rent. Return on cash invested shows 28.31% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 147.98% and total cumulative return in cash records $112,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,969/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56377, Sartell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,633 (100%) |
| Owner Occupied HU | 5,291 (61.3%) |
| Renter Occupied HU | 3,129 (36.2%) |
| Vacant Housing Units | 213 ( 2.5%) |
| Median Home Value | $354,445 |
| Average Home Value | $419,182 |
Housing Distribution
Address Breakdown
Residential
8,464
Single Family
5,885
Multi-Family
2,579
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices