101 E 7th St #5CarlosMN56319
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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 Carlos at 101 E 7th St #5, Carlos, MN, 56319 earns $114/mo cash flow from $1,363/mo rent with a $881/mo payment. Total monthly income totals $1,363/mo, and annual cash flow totals $1,370/yr on $59,637 capital. ROI tracks 22.21% on current figures, and rental yield reads 9.09% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 116.22% and total cumulative return in cash sums $69,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,363/mo property income instead of your personal income.
Townhouse
Built in 2003
1,306 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56319, Carlos, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 501 (68.4%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 155 (21.2%) |
| Median Home Value | $418,548 |
| Average Home Value | $467,315 |
Housing Distribution
Address Breakdown
Residential
530
Single Family
530
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Robert D Close • Counselor Realty Inc of Alex
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6691092
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