706 6th Ave SSaint CloudMN56301
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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 $1,072/mo, and a $1,835/mo payment. Purchase price stands at $374,900, and rental yield measures 3.43% with $1,072/mo rent. Return on cash invested shows 7.65% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 37.2% and total cumulative return in cash records $46,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,072/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 1987
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56301, Saint Cloud, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,864 (100%) |
| Owner Occupied HU | 6,863 (49.5%) |
| Renter Occupied HU | 6,027 (43.5%) |
| Vacant Housing Units | 974 ( 7.0%) |
| Median Home Value | $341,513 |
| Average Home Value | $399,092 |
Housing Distribution
Address Breakdown
Residential
13,460
Single Family
8,425
Multi-Family
5,035
Businesses
1,236
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Listed by: Megan Euteneuer • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6788402