10255 Nevens Ave NW #50South HavenMN55382
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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 South Haven at 10255 Nevens Ave NW #50, South Haven, MN, 55382 earns $318/mo cash flow from $1,192/mo rent with a $685/mo payment. Total monthly income totals $1,192/mo, and annual cash flow totals $3,816/yr on $46,410 capital. ROI tracks 28.13% on current figures, and rental yield reads 10.22% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 147.02% and total cumulative return in cash sums $68,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,192/mo property income instead of your personal income.
Manufactured
Built in 2023
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55382, South Haven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,199 (100%) |
| Owner Occupied HU | 1,392 (63.3%) |
| Renter Occupied HU | 93 ( 4.2%) |
| Vacant Housing Units | 714 (32.5%) |
| Median Home Value | $434,328 |
| Average Home Value | $486,893 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,665
Multi-Family
0
Businesses
30
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Listed by: Gary C Dagner • Oak Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6731115