504 S Rum River DrPrincetonMN55371
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
Rental property for sale in Princeton at 504 S Rum River Dr, Princeton, MN, 55371 priced at $284,000 pairs $2,306/mo rent with $533/mo cash flow after a $1,390/mo payment. Total monthly income equals $2,306/mo, and annual cash flow comes to $6,391/yr on $94,146 invested. Return on cash invested is 26.7% in year one, and rental yield stands at 9.74% on a $284,000 basis. Equity gained on principal adds $1,833/yr, and 5% annual appreciation accumulates to $78,464 by year five. Five-year ROI measures 139.33% and total cumulative return in cash reaches $131,177. For financing, Ziffy Mortgage’s DSCR program evaluates $2,306/mo property income against a $1,390/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55371, Princeton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 5,419 (78.9%) |
| Renter Occupied HU | 1,108 (16.1%) |
| Vacant Housing Units | 344 ( 5.0%) |
| Median Home Value | $332,107 |
| Average Home Value | $352,440 |
Housing Distribution
Address Breakdown
Residential
6,936
Single Family
6,457
Multi-Family
479
Businesses
461
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