111 4th St SGrove CityMN56243
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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 Grove City at 111 4th St S, Grove City, MN, 56243 earns $181/mo cash flow from $1,236/mo rent with a $827/mo payment. Total monthly income totals $1,236/mo, and annual cash flow totals $2,170/yr on $56,024 capital. ROI tracks 23.78% on current figures, and rental yield reads 8.78% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 123.67% and total cumulative return in cash sums $69,283. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,236/mo property income instead of your personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56243, Grove City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 487 (68.2%) |
| Renter Occupied HU | 145 (20.3%) |
| Vacant Housing Units | 82 (11.5%) |
| Median Home Value | $280,814 |
| Average Home Value | $342,490 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
564
Multi-Family
34
Businesses
41
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Listed by: Melisa Kelley • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821190