12283 County Road 31AlturaMN55910
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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
Total monthly income runs $1,909/mo, and a $1,983/mo payment. Purchase price stands at $405,200, and rental yield measures 5.65% with $1,909/mo rent. Return on cash invested shows 14.36% in year one, and 5% annual appreciation builds toward $111,949 over five years. Five-year ROI reaches 73.16% and total cumulative return in cash records $98,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,909/mo property income covering a $1,983/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55910, Altura, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 488 (72.5%) |
| Renter Occupied HU | 104 (15.5%) |
| Vacant Housing Units | 81 (12.0%) |
| Median Home Value | $395,122 |
| Average Home Value | $447,613 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
513
Multi-Family
10
Businesses
32
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