114 2nd St SEBlooming PrairieMN55917
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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 Blooming Prairie at 114 2nd St SE, Blooming Prairie, MN, 55917 earns $312/mo cash flow from $1,467/mo rent with a $905/mo payment. Total monthly income totals $1,467/mo, and annual cash flow totals $3,749/yr on $61,294 capital. ROI tracks 26.02% on current figures, and rental yield reads 9.52% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 135.72% and total cumulative return in cash sums $83,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,467/mo property income instead of your personal income.
Single Family
Built in 1917
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55917, Blooming Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,204 (77.8%) |
| Renter Occupied HU | 250 (16.2%) |
| Vacant Housing Units | 93 ( 6.0%) |
| Median Home Value | $253,784 |
| Average Home Value | $312,600 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,162
Multi-Family
20
Businesses
116
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Listed by: Debra L. Schmidt • Help-U-Sell Heritage Real Est.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6793073