28223 670th AveSaint JamesMN56081
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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 James at 28223 670th Ave, Saint James, MN, 56081 uses $48,068 cash to close to unlock $5,643/yr annual cash flow and $470/mo monthly cash flow. Total monthly income runs $1,376/mo, and a $710/mo payment keeps the spread at $470/mo. Purchase price stands at $145,000, and rental yield measures 11.39% with $1,376/mo rent. Return on cash invested shows 31.65% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 165.96% and total cumulative return in cash records $79,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,376/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1954
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56081, Saint James, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,704 (100%) |
| Owner Occupied HU | 1,805 (66.8%) |
| Renter Occupied HU | 671 (24.8%) |
| Vacant Housing Units | 228 ( 8.4%) |
| Median Home Value | $173,364 |
| Average Home Value | $216,896 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,143
Multi-Family
306
Businesses
176
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Listed by: Gary Sturm • Mayberry Realty
Mls Name: RASM
Mls Provider:
Mls ID: #7037559
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-05-28 10:26:36 PDT