519 Faith LnSaint JosephMN56374
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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
Rental property for sale in Saint Joseph at 519 Faith Ln, Saint Joseph, MN, 56374 generates $2,156/mo in rent and, after a $1,072/mo payment, leaves $788/mo in cash flow. Total monthly income is $2,156/mo, and annual cash flow is $9,460/yr on $72,599 invested. Return on cash invested sits at 32.94% in year one, and rental yield is 11.81% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 172.83% and total cumulative return in cash sums $125,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,156/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56374, Saint Joseph, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,771 (100%) |
| Owner Occupied HU | 2,799 (74.2%) |
| Renter Occupied HU | 707 (18.7%) |
| Vacant Housing Units | 265 ( 7.0%) |
| Median Home Value | $378,368 |
| Average Home Value | $446,848 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
2,988
Multi-Family
367
Businesses
221
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Listed by: Tanner Nordlund • Parcel Real Estate Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821891