328 23rd Ave NSartellMN56377
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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 Sartell at 328 23rd Ave N, Sartell, MN, 56377 uses $91,822 cash to close to unlock $8,857/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,356/mo payment keeps the spread at $738/mo. Purchase price stands at $276,990, and rental yield measures 10.69% with $2,468/mo rent. Return on cash invested shows 29.55% in year one, and 5% annual appreciation builds toward $76,527 over five years. Five-year ROI reaches 154.68% and total cumulative return in cash records $142,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,356/mo payment rather than investor’s personal income.
Single Family
Built in 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56377, Sartell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,633 (100%) |
| Owner Occupied HU | 5,291 (61.3%) |
| Renter Occupied HU | 3,129 (36.2%) |
| Vacant Housing Units | 213 ( 2.5%) |
| Median Home Value | $354,445 |
| Average Home Value | $419,182 |
Housing Distribution
Address Breakdown
Residential
8,464
Single Family
5,885
Multi-Family
2,579
Businesses
384
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