126 Acorn Ave NWNew LondonMN56273
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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 London at 126 Acorn Ave NW, New London, MN, 56273 at $379,000 posts ROI 16.23% with from $1,981/mo rent. Total monthly income equals $1,981/mo. Return on cash invested measures 16.23% and rental yield reads 6.27% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 83.17% and total cumulative return in cash totals $104,495. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,981/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56273, New London, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,809 (71.4%) |
| Renter Occupied HU | 265 (10.5%) |
| Vacant Housing Units | 461 (18.2%) |
| Median Home Value | $388,316 |
| Average Home Value | $476,165 |
Housing Distribution
Address Breakdown
Residential
1,996
Single Family
1,874
Multi-Family
122
Businesses
155
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Nearby investment properties with comparable prices
Listed by: Scott Paul Martens • 320 Real Estate Co
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822579