22298 State Highway 15Saint CloudMN56301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 22298 State Highway 15, Saint Cloud, MN, 56301 earns $383/mo cash flow from $2,318/mo rent with a $1,517/mo payment. Total monthly income totals $2,318/mo, and annual cash flow totals $4,590/yr on $102,765 capital. ROI tracks 24.38% on current figures, and rental yield reads 8.97% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 126.88% and total cumulative return in cash sums $130,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,318/mo property income instead of your personal income.
Single Family
Built in 1973
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56301, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,864 (100%) |
| Owner Occupied HU | 6,863 (49.5%) |
| Renter Occupied HU | 6,027 (43.5%) |
| Vacant Housing Units | 974 ( 7.0%) |
| Median Home Value | $341,513 |
| Average Home Value | $399,092 |
Housing Distribution
Address Breakdown
Residential
13,460
Single Family
8,425
Multi-Family
5,035
Businesses
1,236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristie A Becker • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795824