110 2nd Ave SEHarmonyMN55939
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 Harmony at 110 2nd Ave SE, Harmony, MN, 55939 earns $226/mo cash flow from $1,350/mo rent with a $881/mo payment. Total monthly income totals $1,350/mo, and annual cash flow totals $2,712/yr on $59,670 capital. ROI tracks 24.45% on current figures, and rental yield reads 9% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 127.27% and total cumulative return in cash sums $75,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,350/mo property income instead of your personal income.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices