320 7th St SSauk RapidsMN56379
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
Investment Highlights
Investment property for sale in Sauk Rapids at 320 7th St S, Sauk Rapids, MN, 56379 at $242,500 posts ROI 29.19% with $622/mo cash flow from $2,136/mo rent. Total monthly income equals $2,136/mo, and annual cash flow records $7,460/yr on $80,389 to close. Return on cash invested measures 29.19% and rental yield reads 10.57% at the current $242,500. Equity gained on principal adds $1,565/yr, and 5% annual appreciation supports $66,998 by year five. Five-year ROI prints 152.69% and total cumulative return in cash totals $122,743.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,018 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Tangen • Shrewd Real Estate
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6609444
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