508 E 7th StStarbuckMN56381
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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 Starbuck at 508 E 7th St, Starbuck, MN, 56381 listed at $232,000 pairs $834/mo rent with a $1,136/mo payment. Total monthly income runs $834/mo. Return on cash invested measures 10.31% in year one, and rental yield registers 4.31% at a $232,000 basis. Equity gained on principal adds $1,497/yr, and annual property appreciation at 5% supports $64,097 by year five. Five-year ROI tracks 51.44% and total cumulative return in cash totals $39,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $1,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56381, Starbuck, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 881 (61.2%) |
| Renter Occupied HU | 228 (15.8%) |
| Vacant Housing Units | 330 (22.9%) |
| Median Home Value | $293,687 |
| Average Home Value | $336,612 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
927
Multi-Family
85
Businesses
90
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