9698 32nd St NESaint MichaelMN55376
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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 9698 32nd St NE, Saint Michael, MN, 55376 earns $527/mo cash flow from $3,774/mo rent with a $2,545/mo payment. Total monthly income totals $3,774/mo, and annual cash flow totals $6,326/yr on $171,047 capital. ROI tracks 23.76% on current figures, and rental yield reads 8.71% at a $519,900 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 over five years. Five-year ROI reaches 123.55% and total cumulative return in cash sums $211,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,774/mo property income instead of your personal income.
Single Family
Built in 2026
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
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Listed by: Patty Bofferding • NextHome West Metro
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004774