116 2nd St SVirginiaMN55792
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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 116 2nd St S, Virginia, MN, 55792 with 5% annual appreciation on a $119,999 basis while $1,238/mo rent supports operations. Total monthly income totals $1,238/mo and a $587/mo payment preserves $489/mo for cash returns. Annual cash flow comes to $5,868/yr on $39,780 deployed, and return on cash invested reaches 34.66% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 12.38%. Five-year ROI measures 182.01% and total cumulative return in cash totals $72,403.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,238/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1906
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55792, Virginia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,428 (100%) |
| Owner Occupied HU | 2,841 (52.3%) |
| Renter Occupied HU | 1,857 (34.2%) |
| Vacant Housing Units | 730 (13.4%) |
| Median Home Value | $172,412 |
| Average Home Value | $218,446 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
3,864
Multi-Family
961
Businesses
582
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Listed by: Jacob Fahrendorff • Keller Williams Classic Realty Northwest
Mls Name: Range AOR
Mls ID: #147869
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.