1207 Spunk Creek CtAvonMN56310
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 Avon at 1207 Spunk Creek Ct, Avon, MN, 56310 priced at $274,900 converts $2,496/mo rent into $750/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,496/mo, and annual cash flow totals $9,001/yr on $91,129 invested. Return on cash invested prints 29.79% in year one, and rental yield reads 10.9% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 156.06% and total cumulative return in cash sums $142,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,496/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56310, Avon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,869 (80.6%) |
| Renter Occupied HU | 232 ( 10.0%) |
| Vacant Housing Units | 219 ( 9.4%) |
| Median Home Value | $391,537 |
| Average Home Value | $462,741 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
1,940
Multi-Family
89
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Heckendorf • Werschay Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6613263
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