116 3rd Ave SEOsseoMN55369
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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
Rental property for sale in Osseo at 116 3rd Ave SE, Osseo, MN, 55369 generates $2,024/mo in rent and, after a $1,419/mo payment, leaves $214/mo in cash flow. Total monthly income is $2,024/mo, and annual cash flow is $2,564/yr on $96,102 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.38% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 117.23% and total cumulative return in cash sums $112,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,024/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55369, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,164 (100%) |
| Owner Occupied HU | 12,491 (68.8%) |
| Renter Occupied HU | 4,863 (26.8%) |
| Vacant Housing Units | 810 ( 4.5%) |
| Median Home Value | $405,220 |
| Average Home Value | $461,438 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
13,985
Multi-Family
3,854
Businesses
1,528
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