624 Emma Dr SECold SpringMN56320
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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
Total monthly income runs $2,410/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 6.43% with $2,410/mo rent. Return on cash invested shows 16.69% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 85.65% and total cumulative return in cash records $127,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
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Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825414