1088 Locust StDawsonMN56232
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
Rental property for sale in Dawson at 1088 Locust St, Dawson, MN, 56232 priced at $129,900 converts $1,168/mo rent into $246/mo cash flow after a $636/mo obligation. Total monthly income equals $1,168/mo, and annual cash flow totals $2,956/yr on $43,062 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 10.79% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 140.91% and total cumulative return in cash sums $60,679. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1938
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56232, Dawson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 726 (67.5%) |
| Renter Occupied HU | 226 (21.0%) |
| Vacant Housing Units | 124 (11.5%) |
| Median Home Value | $223,853 |
| Average Home Value | $266,006 |
Housing Distribution
Address Breakdown
Residential
906
Single Family
804
Multi-Family
102
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn G Peterson • Peterson Team Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6651474
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