111 S 4th StBellechesterMN55027
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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
Rental property for sale in Bellechester at 111 S 4th St, Bellechester, MN, 55027 generates $1,488/mo in rent, after a $1,199/mo payment. Total monthly income is $1,488/mo. Return on cash invested sits at 19.29% in year one, and rental yield is 7.29% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 99.66% and total cumulative return in cash sums $80,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55027, Goodhue, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 148 (12.8%) |
| Vacant Housing Units | 61 ( 5.3%) |
| Median Home Value | $384,956 |
| Average Home Value | $457,097 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,028
Multi-Family
41
Businesses
59
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Listed by: Lawrence J Nielson • Nielson Const & RE Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6815168