2314 243rd Ave NWSaint FrancisMN55070
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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 Francis at 2314 243rd Ave NW, Saint Francis, MN, 55070 offers a 10.14% rental yield on a $265,000 purchase with $2,239/mo rent. Total monthly income registers $2,239/mo, and a $1,297/mo payment leaves $584/mo available for distribution. Annual cash flow reaches $7,011/yr on $87,848 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 145.73% and total cumulative return in cash at $128,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,239/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55070, Saint Francis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,164 (100%) |
| Owner Occupied HU | 2,718 (85.9%) |
| Renter Occupied HU | 380 (12.0%) |
| Vacant Housing Units | 66 ( 2.1%) |
| Median Home Value | $347,256 |
| Average Home Value | $355,532 |
Housing Distribution
Address Breakdown
Residential
3,161
Single Family
3,050
Multi-Family
111
Businesses
202
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Listed by: Derek E. Jones • Keller Williams Classic Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006968