809 W Traverse RdSaint PeterMN56082
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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
Rental property for sale in Saint Peter at 809 W Traverse Rd, Saint Peter, MN, 56082 priced at $379,700 converts $2,280/mo rent into after a $1,858/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 7.21% against a $379,700 entry. Equity gained on principal adds $2,450/yr, while 5% annual appreciation compiles into $104,904 by year five. Five-year ROI reaches 98.29% and total cumulative return in cash sums $123,722. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,858/mo payment, not borrower’s personal income.
Single Family
Built in 1964
10,454 sqft 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
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Listed by: JUDY CONROY • Re/Max Dynamic Agents St. Peter
Mls Name: RASM
Mls ID: #7038698