130 6th St SWPlainviewMN55964
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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 Plainview at 130 6th St SW, Plainview, MN, 55964 offers a 8.03% rental yield on a $199,900 purchase with $1,337/mo rent. Total monthly income registers $1,337/mo, and a $978/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,070/yr on $66,267 to close, and return on cash invested stands at 21.52% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 111.62% and total cumulative return in cash at $73,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,337/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55964, Plainview, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,898 (100%) |
| Owner Occupied HU | 1,367 (72.0%) |
| Renter Occupied HU | 372 (19.6%) |
| Vacant Housing Units | 159 ( 8.4%) |
| Median Home Value | $265,191 |
| Average Home Value | $309,996 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,754
Multi-Family
90
Businesses
139
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