1106 Kilbirnie RdZimmermanMN55398
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 Zimmerman at 1106 Kilbirnie Rd, Zimmerman, MN, 55398 uses $107,704 cash to close to unlock $9,593/yr annual cash flow and $799/mo monthly cash flow. Total monthly income runs $2,828/mo, and a $1,590/mo payment keeps the spread at $799/mo. Purchase price stands at $324,900, and rental yield measures 10.45% with $2,828/mo rent. Return on cash invested shows 28.82% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 150.68% and total cumulative return in cash records $162,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55398, Zimmerman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,944 (100%) |
| Owner Occupied HU | 5,913 (85.2%) |
| Renter Occupied HU | 760 (10.9%) |
| Vacant Housing Units | 271 ( 3.9%) |
| Median Home Value | $371,631 |
| Average Home Value | $394,857 |
Housing Distribution
Address Breakdown
Residential
6,704
Single Family
6,201
Multi-Family
503
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices