12679 17th St SESveaMN56216
Nearby investment properties with comparable rents
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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 Svea at 12679 17th St SE, Svea, MN, 56216 offers a 9.5% rental yield on a $188,000 purchase with $1,488/mo rent. Total monthly income registers $1,488/mo, and a $920/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,770/yr on $62,322 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 135.43% and total cumulative return in cash at $84,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,488/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.21 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Justin Paffrath • Edina Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6689183
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