Itasca Plan, Fieldstone Passage: Discovery Collection, Saint Michael, MN, 55376 | $296/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Saint Michael at Itasca Plan, Fieldstone Passage: Discovery Collection, Saint Michael, MN, 55376 priced at $556,990 pairs $3,774/mo rent with $296/mo cash flow after a $2,726/mo payment. Total monthly income equals $3,774/mo, and annual cash flow comes to $3,553/yr on $183,250 invested. Return on cash invested is 22% in year one, and rental yield stands at 8.13% on a $556,990 basis. Equity gained on principal adds $3,594/yr, and 5% annual appreciation accumulates to $153,886 by year five. Five-year ROI measures 114.11% and total cumulative return in cash reaches $209,108. For financing, Ziffy Mortgage’s DSCR program evaluates $3,774/mo property income against a $2,726/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2024

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