100 Rice St SKasotaMN56050
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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 Kasota at 100 Rice St S, Kasota, MN, 56050 offers $2,066/mo rent that, after a $1,708/mo payment. Total monthly income is $2,066/mo. Return on cash invested measures 18.74% in year one, and rental yield stands at 7.1% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 96.62% and total cumulative return in cash reaches $111,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,066/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.38 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lee Pell • Pell Real Estate
Mls Name: RASM
Mls Provider:
Mls ID: #7036110
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2024-02-12 10:03:05 PST