1424 Hillside CtSauk RapidsMN56379
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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
Investment property for sale in Sauk Rapids at 1424 Hillside Ct, Sauk Rapids, MN, 56379 offers a 9.85% rental yield on a $409,900 purchase with $3,365/mo rent. Total monthly income registers $3,365/mo, and a $2,006/mo payment leaves $806/mo available for distribution. Annual cash flow reaches $9,668/yr on $135,882 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 141.07% and total cumulative return in cash at $191,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,365/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56379, Sauk Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,419 (100%) |
| Owner Occupied HU | 4,689 (63.2%) |
| Renter Occupied HU | 2,464 (33.2%) |
| Vacant Housing Units | 266 ( 3.6%) |
| Median Home Value | $279,100 |
| Average Home Value | $326,065 |
Housing Distribution
Address Breakdown
Residential
7,381
Single Family
5,551
Multi-Family
1,830
Businesses
493
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Listed by: Timothy Loso • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785969