820 6th Ave SESaint StephenMN56375
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 Saint Stephen at 820 6th Ave SE, Saint Stephen, MN, 56375 listed at $850,000 pairs $2,407/mo rent with a $4,160/mo payment. Total monthly income runs $2,407/mo. Return on cash invested measures 7.61% in year one, and rental yield registers 3.4% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 36.95% and total cumulative return in cash totals $103,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,407/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56375, Saint Stephen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 292 (87.4%) |
| Renter Occupied HU | 32 ( 9.6%) |
| Vacant Housing Units | 10 ( 3.0%) |
| Median Home Value | $442,222 |
| Average Home Value | $528,716 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
13
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Nearby investment properties with comparable prices
Listed by: Michael Higgins • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6513636
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