205 10th St SSaint JamesMN56081
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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 Saint James at 205 10th St S, Saint James, MN, 56081 offers a 9.14% rental yield on a $165,900 purchase with $1,264/mo rent. Total monthly income registers $1,264/mo, and a $812/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,736/yr on $54,996 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $1,071/yr while 5% annual appreciation supports $45,835 over five years. Portfolio math shows five-year ROI at 129.66% and total cumulative return in cash at $71,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,264/mo property income against a $812/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1898
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56081, Saint James, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,704 (100%) |
| Owner Occupied HU | 1,805 (66.8%) |
| Renter Occupied HU | 671 (24.8%) |
| Vacant Housing Units | 228 ( 8.4%) |
| Median Home Value | $173,364 |
| Average Home Value | $216,896 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,143
Multi-Family
306
Businesses
176
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Listed by: Kelly Brown • Mayberry Realty
Mls Name: RASM
Mls ID: #7038145