1236 Legend StMoraMN55051
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
Investment property for sale in Mora at 1236 Legend St, Mora, MN, 55051 earns from $1,535/mo rent with a $1,346/mo payment. Total monthly income totals $1,535/mo. ROI tracks 17.52% on current figures, and rental yield reads 6.7% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 90.11% and total cumulative return in cash sums $82,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,535/mo property income instead of your personal income.
Single Family
Built in 1960
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55051, Mora, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,942 (100%) |
| Owner Occupied HU | 3,253 (65.8%) |
| Renter Occupied HU | 971 (19.6%) |
| Vacant Housing Units | 718 (14.5%) |
| Median Home Value | $247,320 |
| Average Home Value | $283,349 |
Housing Distribution
Address Breakdown
Residential
4,466
Single Family
4,091
Multi-Family
375
Businesses
317
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Nearby investment properties with comparable prices
Listed by: Timothy L Cornelius • Tim Cornelius Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6763021
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