129 Dakota Ave SEStaplesMN56479
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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
Rental property for sale in Staples at 129 Dakota Ave SE, Staples, MN, 56479 priced at $159,900 converts $984/mo rent into after a $783/mo obligation. Total monthly income equals $984/mo. Return on cash invested prints 19.57% in year one, and rental yield reads 7.38% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 101.18% and total cumulative return in cash sums $53,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $984/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56479, Staples, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,777 (100%) |
| Owner Occupied HU | 1,702 (61.3%) |
| Renter Occupied HU | 659 (23.7%) |
| Vacant Housing Units | 416 (15.0%) |
| Median Home Value | $215,813 |
| Average Home Value | $237,895 |
Housing Distribution
Address Breakdown
Residential
2,385
Single Family
2,096
Multi-Family
289
Businesses
165
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