102 Oak St NVernon CenterMN56090
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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 Vernon Center at 102 Oak St N, Vernon Center, MN, 56090 at $120,000 posts ROI 25.19% with $175/mo cash flow from $924/mo rent. Total monthly income equals $924/mo, and annual cash flow records $2,100/yr on $39,780 to close. Return on cash invested measures 25.19% and rental yield reads 9.24% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 131.18% and total cumulative return in cash totals $52,183.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $924/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56090, Vernon Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 223 (81.1%) |
| Renter Occupied HU | 35 (12.7%) |
| Vacant Housing Units | 17 ( 6.2%) |
| Median Home Value | $357,353 |
| Average Home Value | $440,706 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
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