1 Lime Lake DrAvocaMN56114
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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
Rental property for sale in Avoca at 1 Lime Lake Dr, Avoca, MN, 56114 generates $0/mo in rent, after a $1,786/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.69% in year one, and rental yield is 0% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56114, Avoca, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 177 (100%) |
| Owner Occupied HU | 133 (75.1%) |
| Renter Occupied HU | 18 (10.2%) |
| Vacant Housing Units | 26 (14.7%) |
| Median Home Value | $198,214 |
| Average Home Value | $252,801 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
3
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No similar rental properties found nearby.
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