436 3rd St NWSaint MichaelMN55376
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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 Michael at 436 3rd St NW, Saint Michael, MN, 55376 uses $94,146 cash to close to unlock $1,627/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,909/mo, and a $1,390/mo payment keeps the spread at $136/mo. Purchase price stands at $284,000, and rental yield measures 8.07% with $1,909/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 112.21% and total cumulative return in cash records $105,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,909/mo property income covering a $1,390/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.26 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
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Listed by: Faye E Jacobson • Counselor Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6768631