106 6th Ave EEllendaleMN56026
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 Ellendale at 106 6th Ave E, Ellendale, MN, 56026 listed at $165,000 pairs $1,578/mo rent with a $808/mo payment to leave $547/mo cash flow. Total monthly income runs $1,578/mo, and annual cash flow reaches $6,567/yr on $54,698 cash to close. Return on cash invested measures 31.92% in year one, and rental yield registers 11.48% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 167.37% and total cumulative return in cash totals $91,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,578/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56026, Ellendale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 686 (74.9%) |
| Renter Occupied HU | 136 (14.8%) |
| Vacant Housing Units | 94 (10.3%) |
| Median Home Value | $306,011 |
| Average Home Value | $350,394 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
687
Multi-Family
39
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices