9989 14th Cir NESaint MichaelMN55376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9989 14th Cir NE, Saint Michael, MN, 55376 uses $179,305 cash to close to unlock $18,711/yr annual cash flow and $1,559/mo monthly cash flow. Total monthly income runs $4,963/mo, and a $2,668/mo payment keeps the spread at $1,559/mo. Purchase price stands at $545,000, and rental yield measures 10.93% with $4,963/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 159.67% and total cumulative return in cash records $286,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,963/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,450 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mayde Yang • Keller Williams Integrity Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003953