701 Aspen DrSaint PeterMN56082
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 Peter at 701 Aspen Dr, Saint Peter, MN, 56082 priced at $259,000 pairs $2,214/mo rent with $596/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,214/mo, and annual cash flow comes to $7,156/yr on $85,859 invested. Return on cash invested is 28.24% in year one, and rental yield stands at 10.26% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 147.65% and total cumulative return in cash reaches $126,772. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristina Alter • EXIT Realty - Great Plains
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7012625