1105 13th St NBensonMN56215
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 Benson at 1105 13th St N, Benson, MN, 56215 offers a 8.6% rental yield on a $209,000 purchase with $1,498/mo rent. Total monthly income registers $1,498/mo, and a $1,023/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,314/yr on $69,284 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 120.83% and total cumulative return in cash at $83,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,498/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56215, Benson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,363 (61.6%) |
| Renter Occupied HU | 618 (27.9%) |
| Vacant Housing Units | 233 (10.5%) |
| Median Home Value | $214,098 |
| Average Home Value | $282,964 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,854
Multi-Family
260
Businesses
207
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