13636 50th AveSouth HavenMN55382
Nearby investment properties with comparable rents
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 South Haven at 13636 50th Ave, South Haven, MN, 55382 offers a 8% rental yield on a $225,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $1,101/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,143/yr on $74,588 to close, and return on cash invested stands at 21.44% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 111.17% and total cumulative return in cash at $82,917. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55382, South Haven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,199 (100%) |
| Owner Occupied HU | 1,392 (63.3%) |
| Renter Occupied HU | 93 ( 4.2%) |
| Vacant Housing Units | 714 (32.5%) |
| Median Home Value | $434,328 |
| Average Home Value | $486,893 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,665
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicki Greene • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005072