1347 Grouse StSandstoneMN55072
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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 Sandstone at 1347 Grouse St, Sandstone, MN, 55072 generates $2,065/mo in rent and, after a $1,493/mo payment, leaves $160/mo in cash flow. Total monthly income is $2,065/mo, and annual cash flow is $1,923/yr on $101,108 invested. Return on cash invested sits at 21.81% in year one, and rental yield is 8.12% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash sums $114,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,065/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55072, Sandstone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,004 (44.4%) |
| Renter Occupied HU | 399 (17.6%) |
| Vacant Housing Units | 859 (38.0%) |
| Median Home Value | $228,289 |
| Average Home Value | $270,035 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,264
Multi-Family
106
Businesses
129
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Listed by: Alissia Kreger • LPT Realty, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120670
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.