1206 12th Ave SENew PragueMN56071
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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 New Prague at 1206 12th Ave SE, New Prague, MN, 56071 earns $714/mo cash flow from $3,398/mo rent with a $2,104/mo payment. Total monthly income totals $3,398/mo, and annual cash flow totals $8,564/yr on $142,512 capital. ROI tracks 25.92% on current figures, and rental yield reads 9.48% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash sums $192,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,398/mo property income instead of your personal income.
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56071, New Prague, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,103 (100%) |
| Owner Occupied HU | 4,059 (79.5%) |
| Renter Occupied HU | 835 (16.4%) |
| Vacant Housing Units | 209 ( 4.1%) |
| Median Home Value | $425,546 |
| Average Home Value | $466,784 |
Housing Distribution
Address Breakdown
Residential
5,037
Single Family
4,633
Multi-Family
404
Businesses
337
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Listed by: Cholwe Hantuba • PCH Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819799