701 5th St NEStaplesMN56479
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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 Staples at 701 5th St NE, Staples, MN, 56479 offers a 9.28% rental yield on a $159,900 purchase with $1,237/mo rent. Total monthly income registers $1,237/mo, and a $783/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,858/yr on $53,007 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 131.88% and total cumulative return in cash at $69,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,237/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56479, Staples, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,777 (100%) |
| Owner Occupied HU | 1,702 (61.3%) |
| Renter Occupied HU | 659 (23.7%) |
| Vacant Housing Units | 416 (15.0%) |
| Median Home Value | $215,813 |
| Average Home Value | $237,895 |
Housing Distribution
Address Breakdown
Residential
2,385
Single Family
2,096
Multi-Family
289
Businesses
165
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