119 W Flynn StRedwood FallsMN56283
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 Redwood Falls at 119 W Flynn St, Redwood Falls, MN, 56283 priced at $169,900 pairs $1,286/mo rent with $225/mo cash flow after a $832/mo payment. Total monthly income equals $1,286/mo, and annual cash flow comes to $2,696/yr on $56,322 invested. Return on cash invested is 24.7% in year one, and rental yield stands at 9.08% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 128.63% and total cumulative return in cash reaches $72,446. For financing, Ziffy Mortgage’s DSCR program evaluates $1,286/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Regnier • Re/Max Realty Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750551