130 2nd St NEHarmonyMN55939
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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 Harmony at 130 2nd St NE, Harmony, MN, 55939 earns $267/mo cash flow from $1,313/mo rent with a $820/mo payment. Total monthly income totals $1,313/mo, and annual cash flow totals $3,203/yr on $55,526 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.41% at a $167,500 purchase. Equity gained on principal adds $1,081/yr, and 5% annual appreciation supports $46,277 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $74,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,313/mo property income instead of your personal income.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
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