201 8th Ave SPrincetonMN55371
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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 Princeton at 201 8th Ave S, Princeton, MN, 55371 uses $102,732 cash to close to unlock $6,752/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,517/mo payment keeps the spread at $563/mo. Purchase price stands at $309,900, and rental yield measures 9.67% with $2,498/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 138.17% and total cumulative return in cash records $141,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1930
10,454 sqft 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
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