618 Fair StSaint PeterMN56082
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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 Peter at 618 Fair St, Saint Peter, MN, 56082 offers $1,778/mo rent that, after a $1,223/mo payment, leaves $218/mo cash flow. Total monthly income is $1,778/mo, and annual cash flow is $2,612/yr on $82,842 cash. Return on cash invested measures 23.06% in year one, and rental yield stands at 8.54% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 119.83% and total cumulative return in cash reaches $99,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,778/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56082, Saint Peter, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,955 (100%) |
| Owner Occupied HU | 3,133 (63.2%) |
| Renter Occupied HU | 1,515 (30.6%) |
| Vacant Housing Units | 307 ( 6.2%) |
| Median Home Value | $318,662 |
| Average Home Value | $349,807 |
Housing Distribution
Address Breakdown
Residential
5,034
Single Family
4,015
Multi-Family
1,019
Businesses
388
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Listed by: James Leasure • Keller Williams Preferred Realty
Mls Name: RASM
Mls ID: #7038445