Eveleth Plan, Anton VillageSaint 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
Rental property for sale in Saint Michael at Eveleth Plan, Anton Village, Saint Michael, MN, 55376 generates $3,324/mo in rent and, after a $2,339/mo payment, leaves $340/mo in cash flow. Total monthly income is $3,324/mo, and annual cash flow is $4,078/yr on $158,424 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 8.35% on a $477,900 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation builds toward $132,035 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash sums $184,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,324/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Robert Thomas Homes
Mls Name: Robert Thomas Homes
Mls Provider:
Mls ID: #N/A