601 Jamie Cir SWSaint MichaelMN55376
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 Michael at 601 Jamie Cir SW, Saint Michael, MN, 55376 priced at $419,900 pairs $2,711/mo rent with $89/mo cash flow after a $2,055/mo payment. Total monthly income equals $2,711/mo, and annual cash flow comes to $1,070/yr on $139,197 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 7.75% on a $419,900 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,011 by year five. Five-year ROI measures 107.06% and total cumulative return in cash reaches $149,028. For financing, Ziffy Mortgage’s DSCR program evaluates $2,711/mo property income against a $2,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
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Listed by: Thomas M Olson • North Star Pro Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6764594