12 1st Ave NEDodge CenterMN55927
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
Investment property for sale in Dodge Center at 12 1st Ave NE, Dodge Center, MN, 55927 with 5% annual appreciation on a $120,000 basis while $941/mo rent supports operations. Total monthly income totals $941/mo and a $587/mo payment preserves $192/mo for cash returns. Annual cash flow comes to $2,304/yr on $39,780 deployed, and return on cash invested reaches 25.7% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.41%. Five-year ROI measures 133.95% and total cumulative return in cash totals $53,287.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $941/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
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Listed by: Trudi Westberg • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820781