812 Saint Olaf AveNorthfieldMN55057
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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
Investment property for sale in Northfield at 812 Saint Olaf Ave, Northfield, MN, 55057 at $589,900 posts ROI 15.88% with from $3,007/mo rent. Total monthly income equals $3,007/mo. Return on cash invested measures 15.88% and rental yield reads 6.12% at the current $589,900. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 by year five. Five-year ROI prints 81.27% and total cumulative return in cash totals $157,725. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55057, Northfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,293 (100%) |
| Owner Occupied HU | 6,437 (69.3%) |
| Renter Occupied HU | 2,481 (26.7%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $417,495 |
| Average Home Value | $445,045 |
Housing Distribution
Address Breakdown
Residential
9,069
Single Family
7,083
Multi-Family
1,986
Businesses
694
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Nearby investment properties with comparable prices
Listed by: Kathryn A Jamison • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7001768