112 Main St NDoverMN55929
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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 Dover at 112 Main St N, Dover, MN, 55929 with 5% annual appreciation on a $209,900 basis while $2,090/mo rent supports operations. Total monthly income totals $2,090/mo and a $1,027/mo payment preserves $780/mo for cash returns. Annual cash flow comes to $9,356/yr on $69,582 deployed, and return on cash invested reaches 33.35% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 11.95%. Five-year ROI measures 175.02% and total cumulative return in cash totals $121,784.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,090/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1902
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55929, Dover, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 493 (100%) |
| Owner Occupied HU | 427 (86.6%) |
| Renter Occupied HU | 46 ( 9.3%) |
| Vacant Housing Units | 20 ( 4.1%) |
| Median Home Value | $491,667 |
| Average Home Value | $559,649 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
17
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