1245 N Mingus RdCromwellMN55726
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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 Cromwell at 1245 N Mingus Rd, Cromwell, MN, 55726 earns from $0/mo rent with a $1,468/mo payment. Total monthly income totals $0/mo. ROI tracks -2.7% on current figures, and rental yield reads 0% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55726, Cromwell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 669 (100%) |
| Owner Occupied HU | 343 (51.3%) |
| Renter Occupied HU | 67 (10.0%) |
| Vacant Housing Units | 259 (38.7%) |
| Median Home Value | $273,361 |
| Average Home Value | $295,204 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
422
Multi-Family
46
Businesses
27
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