1225 Lark StAlexandriaMN56308
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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 Alexandria at 1225 Lark St, Alexandria, MN, 56308 uses $69,582 cash to close to unlock $8,180/yr annual cash flow and $682/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,027/mo payment keeps the spread at $682/mo. Purchase price stands at $209,900, and rental yield measures 11.39% with $1,992/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 165.99% and total cumulative return in cash records $115,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56308, Alexandria, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 8,370 (55.1%) |
| Renter Occupied HU | 3,626 (23.9%) |
| Vacant Housing Units | 3,204 (21.1%) |
| Median Home Value | $381,523 |
| Average Home Value | $429,357 |
Housing Distribution
Address Breakdown
Residential
13,430
Single Family
10,722
Multi-Family
2,708
Businesses
1,290
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Listed by: Sandra K Jackson • Counselor Realty Inc of Alex
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781525