307 2nd Ave NESaint CloudMN56304
INVESTMENT ANALYSIS
Investment Verdict
Solid Income307 2nd Ave NE, Saint Cloud, MN, 56304 in Saint Cloud is a solid income-producing rental, 9.72% gross yield, $1,862/mo rent, $427/mo net cash flow on a $229,900 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $63,517 and $2,117/yr in principal reduction project a total cumulative return of $114,673.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $427 | $850 |
City averages based on Saint Cloud market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,862 |
| Total Monthly Debt Service | $1,344 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1923
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 1923
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Legatt • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795439