113 Barracuda Ave NEAvonMN56310
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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 Avon at 113 Barracuda Ave NE, Avon, MN, 56310 offers $1,984/mo rent that, after a $1,076/mo payment, leaves $611/mo cash flow. Total monthly income is $1,984/mo, and annual cash flow is $7,334/yr on $72,897 cash. Return on cash invested measures 29.97% in year one, and rental yield stands at 10.83% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 156.92% and total cumulative return in cash reaches $114,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,984/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56310, Avon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,869 (80.6%) |
| Renter Occupied HU | 232 ( 10.0%) |
| Vacant Housing Units | 219 ( 9.4%) |
| Median Home Value | $391,537 |
| Average Home Value | $462,741 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
1,940
Multi-Family
89
Businesses
105
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