123 7th St SNew UlmMN56073
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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 Ulm at 123 7th St S, New Ulm, MN, 56073 earns $670/mo cash flow from $2,094/mo rent with a $1,116/mo payment. Total monthly income totals $2,094/mo, and annual cash flow totals $8,042/yr on $75,582 capital. ROI tracks 30.55% on current figures, and rental yield reads 11.02% at a $228,000 purchase. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 over five years. Five-year ROI reaches 160.03% and total cumulative return in cash sums $120,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,094/mo property income instead of your personal income.
Single Family
Built in 1996
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56073, New Ulm, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,755 (100%) |
| Owner Occupied HU | 5,599 (72.2%) |
| Renter Occupied HU | 1,724 (22.2%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $237,607 |
| Average Home Value | $276,836 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
6,236
Multi-Family
1,327
Businesses
600
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