252 Waite Ave SSaint CloudMN56301
Nearby investment properties with comparable rents
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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 Saint Cloud at 252 Waite Ave S, Saint Cloud, MN, 56301 priced at $220,000 converts $2,034/mo rent into $615/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $7,383/yr on $72,930 invested. Return on cash invested prints 30.03% in year one, and rental yield reads 11.09% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 157.51% and total cumulative return in cash sums $114,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
3,049 sqft lot
$N/A/sqft
$537 annually 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
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Listed by: Monique Waters • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6714116
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