102 NW 3rd StAdamsMN55909
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
Investment property for sale in Adams at 102 NW 3rd St, Adams, MN, 55909 at $215,000 posts ROI 30.23% with $613/mo cash flow from $2,002/mo rent. Total monthly income equals $2,002/mo, and annual cash flow records $7,356/yr on $71,273 to close. Return on cash invested measures 30.23% and rental yield reads 11.17% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 158.54% and total cumulative return in cash totals $112,993.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55909, Adams, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 451 (77.0%) |
| Renter Occupied HU | 105 (17.9%) |
| Vacant Housing Units | 30 ( 5.1%) |
| Median Home Value | $267,188 |
| Average Home Value | $326,170 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
376
Multi-Family
42
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Nick Schmitz • Land Resource Mgmt & Rlty Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6589348
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