11450 Cormorant Heights RdAudubonMN56511
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 11450 Cormorant Heights Rd, Audubon, MN, 56511 in Audubon. Rental yield 0%. At $699,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $193,121 in new equity by year five, complemented by $6,438/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Audubon market data in our database. Property projections are estimates.
Single Family
Built in 2004
6.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56511, Audubon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,353 (100%) |
| Owner Occupied HU | 783 (57.9%) |
| Renter Occupied HU | 121 ( 8.9%) |
| Vacant Housing Units | 449 (33.2%) |
| Median Home Value | $422,932 |
| Average Home Value | $472,526 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
869
Multi-Family
39
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 2004
6.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56511, Audubon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,353 (100%) |
| Owner Occupied HU | 783 (57.9%) |
| Renter Occupied HU | 121 ( 8.9%) |
| Vacant Housing Units | 449 (33.2%) |
| Median Home Value | $422,932 |
| Average Home Value | $472,526 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
869
Multi-Family
39
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices