715-10 1/2 St NSauk RapidsMN56379
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 Sauk Rapids at 715-10 1/2 St N, Sauk Rapids, MN, 56379 uses $92,787 cash to close to unlock $5,606/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,370/mo payment keeps the spread at $467/mo. Purchase price stands at $279,900, and rental yield measures 9.5% with $2,215/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 135.37% and total cumulative return in cash records $125,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56379, Sauk Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,419 (100%) |
| Owner Occupied HU | 4,689 (63.2%) |
| Renter Occupied HU | 2,464 (33.2%) |
| Vacant Housing Units | 266 ( 3.6%) |
| Median Home Value | $279,100 |
| Average Home Value | $326,065 |
Housing Distribution
Address Breakdown
Residential
7,381
Single Family
5,551
Multi-Family
1,830
Businesses
493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bruce Linnemeyer • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782179