118 Cedar St SEKimballMN55353
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Kimball at 118 Cedar St SE, Kimball, MN, 55353 priced at $303,700 pairs $990/mo rent with after a $1,486/mo payment. Total monthly income equals $990/mo. Return on cash invested is 9.11% in year one, and rental yield stands at 3.91% on a $303,700 basis. Equity gained on principal adds $1,960/yr, and 5% annual appreciation accumulates to $83,907 by year five. Five-year ROI measures 45.06% and total cumulative return in cash reaches $45,370. For financing, Ziffy Mortgage’s DSCR program evaluates $990/mo property income against a $1,486/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55353, Kimball, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,482 (100%) |
| Owner Occupied HU | 1,133 (76.5%) |
| Renter Occupied HU | 172 (11.6%) |
| Vacant Housing Units | 177 (11.9%) |
| Median Home Value | $419,382 |
| Average Home Value | $489,689 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,119
Multi-Family
16
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Balin Semrau • Ashworth Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6745022
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