521 Faith LnSaint JosephMN56374
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 Saint Joseph at 521 Faith Ln, Saint Joseph, MN, 56374 priced at $249,000 pairs $2,203/mo rent with $648/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,203/mo, and annual cash flow comes to $7,774/yr on $82,544 invested. Return on cash invested is 29.33% in year one, and rental yield stands at 10.62% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 153.43% and total cumulative return in cash reaches $126,644. For financing, Ziffy Mortgage’s DSCR program evaluates $2,203/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanner Nordlund • Parcel Real Estate Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821951