12868 622nd StKelloggMN55945
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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
Total monthly income runs $1,286/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 2.21% with $1,286/mo rent. Return on cash invested shows 4% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 17.56% and total cumulative return in cash records $40,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,286/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55945, Kellogg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 543 (78.9%) |
| Renter Occupied HU | 66 ( 9.6%) |
| Vacant Housing Units | 79 (11.5%) |
| Median Home Value | $345,109 |
| Average Home Value | $416,998 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
534
Multi-Family
5
Businesses
26
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Listed by: Jonathan P Minerick • homecoin.com
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6769164
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