105 S 2nd StOdinMN56160
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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 Odin at 105 S 2nd St, Odin, MN, 56160 uses $41,404 cash to close to unlock $2,153/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $959/mo, and a $611/mo payment keeps the spread at $179/mo. Purchase price stands at $124,900, and rental yield measures 9.21% with $959/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 130.85% and total cumulative return in cash records $54,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $959/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56160, Odin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 89 (76.1%) |
| Renter Occupied HU | 6 ( 5.1%) |
| Vacant Housing Units | 22 (18.8%) |
| Median Home Value | $297,727 |
| Average Home Value | $317,079 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
10
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