290 Waite Ave SSaint CloudMN56301
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Nearby investment properties with comparable prices
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 Cloud at 290 Waite Ave S, Saint Cloud, MN, 56301 at $282,500 posts ROI 23.9% with $312/mo cash flow from $2,076/mo rent. Total monthly income equals $2,076/mo, and annual cash flow records $3,739/yr on $93,649 to close. Return on cash invested measures 23.9% and rental yield reads 8.82% at the current $282,500. Equity gained on principal adds $1,823/yr, and 5% annual appreciation supports $78,050 by year five. Five-year ROI prints 124.35% and total cumulative return in cash totals $116,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
2,613 sqft lot
$N/A/sqft
No 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: Paul Morrison • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6817021