109 Stephen Dr NEFertileMN56540
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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 Fertile at 109 Stephen Dr NE, Fertile, MN, 56540 priced at $274,900 pairs $1,931/mo rent with $215/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,931/mo, and annual cash flow comes to $2,579/yr on $91,129 invested. Return on cash invested is 22.74% in year one, and rental yield stands at 8.43% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 118.1% and total cumulative return in cash reaches $107,619. For financing, Ziffy Mortgage’s DSCR program evaluates $1,931/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56540, Fertile, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 871 (100%) |
| Owner Occupied HU | 613 (70.4%) |
| Renter Occupied HU | 137 (15.7%) |
| Vacant Housing Units | 121 (13.9%) |
| Median Home Value | $247,951 |
| Average Home Value | $263,740 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
721
Multi-Family
79
Businesses
60
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