220 31st Ave NSaint CloudMN56303
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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 Cloud at 220 31st Ave N, Saint Cloud, MN, 56303 listed at $157,500 pairs $1,227/mo rent with a $771/mo payment to leave $243/mo cash flow. Total monthly income runs $1,227/mo, and annual cash flow reaches $2,920/yr on $52,211 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.35% at a $157,500 basis. Equity gained on principal adds $1,016/yr, and annual property appreciation at 5% supports $43,514 by year five. Five-year ROI tracks 132.95% and total cumulative return in cash totals $69,417. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,227/mo property income relative to a $771/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56303, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,843 (100%) |
| Owner Occupied HU | 7,277 (56.7%) |
| Renter Occupied HU | 4,998 (38.9%) |
| Vacant Housing Units | 568 ( 4.4%) |
| Median Home Value | $267,591 |
| Average Home Value | $314,287 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
8,900
Multi-Family
3,251
Businesses
536
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Listed by: Jay Gislason • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775744