229 Horizon AveSartellMN56377
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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
Rental property for sale in Sartell at 229 Horizon Ave, Sartell, MN, 56377 priced at $284,900 pairs $2,100/mo rent with $321/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $3,857/yr on $94,444 invested. Return on cash invested is 23.99% in year one, and rental yield stands at 8.85% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 124.85% and total cumulative return in cash reaches $117,911. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56377, Sartell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,633 (100%) |
| Owner Occupied HU | 5,291 (61.3%) |
| Renter Occupied HU | 3,129 (36.2%) |
| Vacant Housing Units | 213 ( 2.5%) |
| Median Home Value | $354,445 |
| Average Home Value | $419,182 |
Housing Distribution
Address Breakdown
Residential
8,464
Single Family
5,885
Multi-Family
2,579
Businesses
384
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