135 1ST STREET SOUTH SouthLewistonMN55952
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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 Lewiston at 135 1ST STREET SOUTH South, Lewiston, MN, 55952 priced at $220,000 converts $1,687/mo rent into $308/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,687/mo, and annual cash flow totals $3,692/yr on $72,930 invested. Return on cash invested prints 24.97% in year one, and rental yield reads 9.2% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 130.1% and total cumulative return in cash sums $94,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,687/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55952, Lewiston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 705 (73.9%) |
| Renter Occupied HU | 204 (21.4%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $328,750 |
| Average Home Value | $430,897 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
764
Multi-Family
84
Businesses
66
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Listed by: Jennifer Cisewski • Edina Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914080
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.