6629 Black Spruce StSaint CloudMN56303
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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
Investment property for sale in Saint Cloud at 6629 Black Spruce St, Saint Cloud, MN, 56303 earns $955/mo cash flow from $2,846/mo rent with a $1,482/mo payment. Total monthly income totals $2,846/mo, and annual cash flow totals $11,463/yr on $100,362 capital. ROI tracks 31.33% on current figures, and rental yield reads 11.28% at a $302,750 purchase. Equity gained on principal adds $1,954/yr, and 5% annual appreciation supports $83,644 over five years. Five-year ROI reaches 164.2% and total cumulative return in cash sums $164,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,846/mo property income instead of your personal income.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56303, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,843 (100%) |
| Owner Occupied HU | 7,277 (56.7%) |
| Renter Occupied HU | 4,998 (38.9%) |
| Vacant Housing Units | 568 ( 4.4%) |
| Median Home Value | $267,591 |
| Average Home Value | $314,287 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
8,900
Multi-Family
3,251
Businesses
536
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Listed by: Christopher Jacques • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806890