11162 Olympia Ave SEBeckerMN55308
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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 Becker at 11162 Olympia Ave SE, Becker, MN, 55308 offers a 8.59% rental yield on a $319,900 purchase with $2,290/mo rent. Total monthly income registers $2,290/mo, and a $1,566/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,506/yr on $106,047 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 120.68% and total cumulative return in cash at $127,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,290/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55308, Becker, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,526 (100%) |
| Owner Occupied HU | 3,044 (86.3%) |
| Renter Occupied HU | 406 (11.5%) |
| Vacant Housing Units | 76 ( 2.2%) |
| Median Home Value | $367,756 |
| Average Home Value | $384,481 |
Housing Distribution
Address Breakdown
Residential
3,360
Single Family
3,131
Multi-Family
229
Businesses
212
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