108 S 3rd StMontevideoMN56265
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 Montevideo at 108 S 3rd St, Montevideo, MN, 56265 earns $632/mo cash flow from $1,806/mo rent with a $920/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $7,588/yr on $62,289 capital. ROI tracks 32.09% on current figures, and rental yield reads 11.53% at a $187,900 purchase. Equity gained on principal adds $1,212/yr, and 5% annual appreciation supports $51,913 over five years. Five-year ROI reaches 168.28% and total cumulative return in cash sums $104,821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
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Nearby investment properties with comparable prices
Listed by: Terri Emery • Kuhlmann Real Estate, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6610820
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