7126 Highway 2SaginawMN55779
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
Investment property for sale in Saginaw at 7126 Highway 2, Saginaw, MN, 55779 offers a 5.01% rental yield on a $689,900 purchase with $2,880/mo rent. 51% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,607 over five years. Portfolio math shows five-year ROI at 63.2% and total cumulative return in cash at $143,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
18.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55779, Saginaw, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,763 (100%) |
| Owner Occupied HU | 1,432 (81.2%) |
| Renter Occupied HU | 118 ( 6.7%) |
| Vacant Housing Units | 213 (12.1%) |
| Median Home Value | $356,693 |
| Average Home Value | $401,873 |
Housing Distribution
Address Breakdown
Residential
1,603
Single Family
1,603
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Jamie Sathers-Day • JS Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120481
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.