9821 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 9821 32nd St NE, Saint Michael, MN, 55376 listed at $390,900 pairs $4,140/mo rent with a $1,913/mo payment to leave $1,664/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $19,971/yr on $129,583 cash to close. Return on cash invested measures 35.32% in year one, and rental yield registers 12.71% at a $390,900 basis. Equity gained on principal adds $2,522/yr, and annual property appreciation at 5% supports $107,998 by year five. Five-year ROI tracks 185.7% and total cumulative return in cash totals $240,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $1,913/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.21 sqft lot
$N/A/sqft
$35 monthly 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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Nearby investment properties with comparable prices
Listed by: Patricia L. Bofferding • Centra Homes, LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6606703
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