101 N Main StCenter CityMN55012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Center City at 101 N Main St, Center City, MN, 55012 generates $1,510/mo in rent and, after a $1,076/mo payment, leaves $137/mo in cash flow. Total monthly income is $1,510/mo, and annual cash flow is $1,646/yr on $72,897 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 8.24% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 115.09% and total cumulative return in cash sums $83,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,510/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55012, Center City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 656 (81.9%) |
| Renter Occupied HU | 81 (10.1%) |
| Vacant Housing Units | 64 ( 8.0%) |
| Median Home Value | $420,946 |
| Average Home Value | $468,975 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
742
Multi-Family
24
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy M Betts • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822576