426 8th Ave NSaint CloudMN56303
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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 Cloud at 426 8th Ave N, Saint Cloud, MN, 56303 uses $53,040 cash to close to unlock $7,104/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $783/mo payment keeps the spread at $592/mo. Purchase price stands at $159,999, and rental yield measures 11.93% with $1,591/mo rent. Return on cash invested shows 33.3% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 174.73% and total cumulative return in cash records $92,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1890
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56303, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,843 (100%) |
| Owner Occupied HU | 7,277 (56.7%) |
| Renter Occupied HU | 4,998 (38.9%) |
| Vacant Housing Units | 568 ( 4.4%) |
| Median Home Value | $267,591 |
| Average Home Value | $314,287 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
8,900
Multi-Family
3,251
Businesses
536
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Listed by: Weishalla Homes Team • Elevate Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813896