1017 S Sibley AveLitchfieldMN55355
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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 Litchfield at 1017 S Sibley Ave, Litchfield, MN, 55355 offers a 9.04% rental yield on a $169,900 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $832/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,624/yr on $56,322 to close, and return on cash invested stands at 24.57% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 127.92% and total cumulative return in cash at $72,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
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Listed by: Kimberly A Olson • RE/MAX Today's Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6748802