911 E Baker StSaint JosephMN56374
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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 Saint Joseph at 911 E Baker St, Saint Joseph, MN, 56374 uses $57,018 cash to close to unlock $7,282/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,681/mo, and a $842/mo payment keeps the spread at $607/mo. Purchase price stands at $172,000, and rental yield measures 11.73% with $1,681/mo rent. Return on cash invested shows 32.68% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 171.42% and total cumulative return in cash records $97,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,681/mo property income covering a $842/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56374, Saint Joseph, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,771 (100%) |
| Owner Occupied HU | 2,799 (74.2%) |
| Renter Occupied HU | 707 (18.7%) |
| Vacant Housing Units | 265 ( 7.0%) |
| Median Home Value | $378,368 |
| Average Home Value | $446,848 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
2,988
Multi-Family
367
Businesses
221
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Listed by: Janet L Sandretzky • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808730