111 4th Ave SWPipestoneMN56164
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 Pipestone at 111 4th Ave SW, Pipestone, MN, 56164 earns $24/mo cash flow from $1,210/mo rent with a $930/mo payment. Total monthly income totals $1,210/mo, and annual cash flow totals $282/yr on $62,985 capital. ROI tracks 20.36% on current figures, and rental yield reads 7.64% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 105.36% and total cumulative return in cash sums $66,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,210/mo property income instead of your personal income.
Single Family
Built in 1964
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56164, Pipestone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,625 (100%) |
| Owner Occupied HU | 1,696 (64.6%) |
| Renter Occupied HU | 645 (24.6%) |
| Vacant Housing Units | 284 (10.8%) |
| Median Home Value | $181,818 |
| Average Home Value | $210,498 |
Housing Distribution
Address Breakdown
Residential
2,591
Single Family
2,326
Multi-Family
265
Businesses
295
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Listed by: Craig M Bertrand • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22504286
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