9555 49th Pl NESaint MichaelMN55349
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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 Michael at 9555 49th Pl NE, Saint Michael, MN, 55349 offers a 4.48% rental yield on a $675,000 purchase with $2,518/mo rent. 89% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 54.51% and total cumulative return in cash at $121,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,518/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55349, Howard Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,366 (75.1%) |
| Renter Occupied HU | 327 (18.0%) |
| Vacant Housing Units | 127 ( 7.0%) |
| Median Home Value | $426,106 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
1,253
Single Family
1,109
Multi-Family
144
Businesses
100
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Listed by: Zakir Bagha • D.R. Horton, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7012567