11899 690th AveEmmonsMN56029
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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 Emmons at 11899 690th Ave, Emmons, MN, 56029 offers a 5.62% rental yield on a $850,000 purchase with $3,983/mo rent. 38% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 73.22% and total cumulative return in cash at $204,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,983/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
55.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56029, Emmons, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 232 (75.6%) |
| Renter Occupied HU | 46 (15.0%) |
| Vacant Housing Units | 29 ( 9.4%) |
| Median Home Value | $173,529 |
| Average Home Value | $235,140 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
219
Multi-Family
8
Businesses
17
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Listed by: Robert Stalberger • Whitetail Properties
Mls Name: RASM
Mls Provider:
Mls ID: #7037548
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. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-05-27 09:25:40 PDT