102 4th St SVirginiaMN55792
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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 Virginia at 102 4th St S, Virginia, MN, 55792 earns $792/mo cash flow from $1,620/mo rent with a $649/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $9,505/yr on $43,924 capital. ROI tracks 41.55% on current figures, and rental yield reads 14.67% at a $132,500 purchase. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 over five years. Five-year ROI reaches 219.07% and total cumulative return in cash sums $96,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 1907
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55792, Virginia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,428 (100%) |
| Owner Occupied HU | 2,841 (52.3%) |
| Renter Occupied HU | 1,857 (34.2%) |
| Vacant Housing Units | 730 (13.4%) |
| Median Home Value | $172,412 |
| Average Home Value | $218,446 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
3,864
Multi-Family
961
Businesses
582
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Listed by: Michele Mayry • Northland Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115798
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.