2308 Ash AvePrincetonMN55371
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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 2308 Ash Ave, Princeton, MN, 55371 uses $107,704 cash to close to unlock $8,105/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,704/mo, and a $1,590/mo payment keeps the spread at $675/mo. Purchase price stands at $324,900, and rental yield measures 9.99% with $2,704/mo rent. Return on cash invested shows 27.43% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 143.3% and total cumulative return in cash records $154,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,704/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1991
1.06 Acres 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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