12974 85th St NEFoleyMN56329
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Nearby investment properties with comparable prices
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 Foley at 12974 85th St NE, Foley, MN, 56329 listed at $535,000 pairs $2,694/mo rent with a $2,619/mo payment. Total monthly income runs $2,694/mo. Return on cash invested measures 15.65% in year one, and rental yield registers 6.04% at a $535,000 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,811 by year five. Five-year ROI tracks 80.03% and total cumulative return in cash totals $140,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
19.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56329, Foley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 2,414 (81.2%) |
| Renter Occupied HU | 432 (14.5%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $324,421 |
| Average Home Value | $370,910 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,417
Multi-Family
152
Businesses
164
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