310 N Minnesota AveSaint PeterMN56082
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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 Peter at 310 N Minnesota Ave, Saint Peter, MN, 56082 priced at $285,000 pairs $2,108/mo rent with $328/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,108/mo, and annual cash flow comes to $3,939/yr on $94,478 invested. Return on cash invested is 24.08% in year one, and rental yield stands at 8.88% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 125.31% and total cumulative return in cash reaches $118,386. For financing, Ziffy Mortgage’s DSCR program evaluates $2,108/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1898
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56082, Saint Peter, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,955 (100%) |
| Owner Occupied HU | 3,133 (63.2%) |
| Renter Occupied HU | 1,515 (30.6%) |
| Vacant Housing Units | 307 ( 6.2%) |
| Median Home Value | $318,662 |
| Average Home Value | $349,807 |
Housing Distribution
Address Breakdown
Residential
5,034
Single Family
4,015
Multi-Family
1,019
Businesses
388
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Listed by: SHARI BROSTROM • Pell Real Estate
Mls Name: RASM
Mls ID: #7039165