3486 Kalenda Ave NESaint MichaelMN55376
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 Saint Michael at 3486 Kalenda Ave NE, Saint Michael, MN, 55376 at $484,900 posts ROI 25.48% with $746/mo cash flow from $3,774/mo rent. Total monthly income equals $3,774/mo, and annual cash flow records $8,957/yr on $160,744 to close. Return on cash invested measures 25.48% and rental yield reads 9.34% at the current $484,900. Equity gained on principal adds $3,129/yr, and 5% annual appreciation supports $133,969 by year five. Five-year ROI prints 132.8% and total cumulative return in cash totals $213,475.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittney Jackson • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6595341
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