114 Louisiana Ave WVirginiaMN55741
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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 Virginia at 114 Louisiana Ave W, Virginia, MN, 55741 uses $46,079 cash to close to unlock $2,704/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,093/mo, and a $680/mo payment keeps the spread at $225/mo. Purchase price stands at $139,000, and rental yield measures 9.44% with $1,093/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 134.45% and total cumulative return in cash records $61,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,093/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55741, Gilbert, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,775 (100%) |
| Owner Occupied HU | 1,247 (70.3%) |
| Renter Occupied HU | 204 (11.5%) |
| Vacant Housing Units | 324 (18.3%) |
| Median Home Value | $258,913 |
| Average Home Value | $279,970 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
977
Multi-Family
0
Businesses
70
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