306 Division StSauk RapidsMN56379
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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 Sauk Rapids at 306 Division St, Sauk Rapids, MN, 56379 with 5% annual appreciation on a $250,000 basis while $1,776/mo rent supports operations. Total monthly income totals $1,776/mo and a $1,224/mo payment preserves $215/mo for cash returns. Annual cash flow comes to $2,574/yr on $82,875 deployed, and return on cash invested reaches 23.01% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.52%. Five-year ROI measures 119.58% and total cumulative return in cash totals $99,106.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,776/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56379, Sauk Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,419 (100%) |
| Owner Occupied HU | 4,689 (63.2%) |
| Renter Occupied HU | 2,464 (33.2%) |
| Vacant Housing Units | 266 ( 3.6%) |
| Median Home Value | $279,100 |
| Average Home Value | $326,065 |
Housing Distribution
Address Breakdown
Residential
7,381
Single Family
5,551
Multi-Family
1,830
Businesses
493
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Listed by: Kristyn Nelson • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826111