100 S 2nd St WAdaMN56510
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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
Investment property for sale in Ada at 100 S 2nd St W, Ada, MN, 56510 uses $38,089 cash to close to unlock $1,932/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $887/mo, and a $562/mo payment keeps the spread at $161/mo. Purchase price stands at $114,900, and rental yield measures 9.26% with $887/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash records $49,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $887/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56510, Ada, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 723 (64.7%) |
| Renter Occupied HU | 247 (22.1%) |
| Vacant Housing Units | 147 (13.2%) |
| Median Home Value | $169,360 |
| Average Home Value | $221,387 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
885
Multi-Family
120
Businesses
159
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Listed by: Jessica Rice • Crary Real Estate
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-1085
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.