115 Burr Oak RdRedwood FallsMN56283
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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 Redwood Falls at 115 Burr Oak Rd, Redwood Falls, MN, 56283 offers a 7.51% rental yield on a $550,000 purchase with $3,440/mo rent. Total monthly income registers $3,440/mo, and a $2,692/mo payment leaves $6/mo available for distribution. Annual cash flow reaches $66/yr on $180,950 to close, and return on cash invested stands at 20.1% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 103.89% and total cumulative return in cash at $187,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,440/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56283, Redwood Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 1,951 (64.2%) |
| Renter Occupied HU | 783 (25.7%) |
| Vacant Housing Units | 307 (10.1%) |
| Median Home Value | $215,722 |
| Average Home Value | $280,286 |
Housing Distribution
Address Breakdown
Residential
2,963
Single Family
2,551
Multi-Family
412
Businesses
317
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Listed by: Geri L. Theis • Scenic City Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6777153