10698 625th Ave #9EmmonsMN56029
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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 Emmons at 10698 625th Ave #9, Emmons, MN, 56029 uses $125,639 cash to close to unlock $3,472/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $2,656/mo, and a $1,855/mo payment keeps the spread at $289/mo. Purchase price stands at $379,000, and rental yield measures 8.41% with $2,656/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash records $147,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56029, Emmons, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 232 (75.6%) |
| Renter Occupied HU | 46 (15.0%) |
| Vacant Housing Units | 29 ( 9.4%) |
| Median Home Value | $173,529 |
| Average Home Value | $235,140 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
219
Multi-Family
8
Businesses
17
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