111 W Ridgeview DrStarbuckMN56381
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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 Starbuck at 111 W Ridgeview Dr, Starbuck, MN, 56381 generates $834/mo in rent, after a $1,933/mo payment. Total monthly income is $834/mo. Return on cash invested sits at 4.95% in year one, and rental yield is 2.53% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 22.7% and total cumulative return in cash sums $29,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $834/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56381, Starbuck, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 881 (61.2%) |
| Renter Occupied HU | 228 (15.8%) |
| Vacant Housing Units | 330 (22.9%) |
| Median Home Value | $293,687 |
| Average Home Value | $336,612 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
927
Multi-Family
85
Businesses
90
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