1305 18th St EGlencoeMN55336
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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 Glencoe at 1305 18th St E, Glencoe, MN, 55336 uses $112,710 cash to close to unlock $8,088/yr annual cash flow and $674/mo monthly cash flow. Total monthly income runs $2,797/mo, and a $1,664/mo payment keeps the spread at $674/mo. Purchase price stands at $340,000, and rental yield measures 9.87% with $2,797/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 141.38% and total cumulative return in cash records $159,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,797/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55336, Glencoe, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,583 (71.8%) |
| Renter Occupied HU | 802 (22.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $279,570 |
| Average Home Value | $324,881 |
Housing Distribution
Address Breakdown
Residential
3,497
Single Family
3,062
Multi-Family
435
Businesses
277
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