363 Lucy LnSaint MartinMN56376
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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 Saint Martin at 363 Lucy Ln, Saint Martin, MN, 56376 listed at $365,000 pairs $2,221/mo rent with a $1,786/mo payment. Total monthly income runs $2,221/mo. Return on cash invested measures 19.34% in year one, and rental yield registers 7.3% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 99.87% and total cumulative return in cash totals $120,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,221/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56376, Saint Martin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 131 (100%) |
| Owner Occupied HU | 121 (92.4%) |
| Renter Occupied HU | 10 ( 7.6%) |
| Vacant Housing Units | 0 |
| Median Home Value | $473,529 |
| Average Home Value | $659,298 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Listed by: Cody Smith • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000886