503 1st St SESaint StephenMN56375
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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 Stephen at 503 1st St SE, Saint Stephen, MN, 56375 earns $295/mo cash flow from $2,449/mo rent with a $1,688/mo payment. Total monthly income totals $2,449/mo, and annual cash flow totals $3,545/yr on $114,334 capital. ROI tracks 23.01% on current figures, and rental yield reads 8.52% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 119.55% and total cumulative return in cash sums $136,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Single Family
Built in 1982
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56375, Saint Stephen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 292 (87.4%) |
| Renter Occupied HU | 32 ( 9.6%) |
| Vacant Housing Units | 10 ( 3.0%) |
| Median Home Value | $442,222 |
| Average Home Value | $528,716 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
13
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Listed by: Bridget Petron • JP Meagher Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011842