9968 14th Cir NESaint MichaelMN55376
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow9968 14th Cir NE, Saint Michael, MN, 55376 in Saint Michael earns its strong cash-flow label: 26.19% yield, $2,290/mo rent, $1,610/mo net income, DSCR 4.85. The $104,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $28,982 by year five. Combined with $966/yr in principal paydown, total projected return reaches $143,526.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.2% | 3.8% |
| Monthly Cash Flow | $1,610 | $1,250 |
City averages based on Saint Michael market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,290 |
| Total Monthly Debt Service | $638 |
| DSCR Ratio | 3.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
8,712 sqft lot
$N/A/sqft
$25 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
Nearby investment properties with comparable rents
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
Lot
Built in N/A
8,712 sqft lot
$N/A/sqft
$25 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
Nearby investment properties with comparable rents
Listed by: Eric Ollestad • Keller Williams Classic Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6536785
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