138 South St ENorwood Young AmericaMN55368
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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 Norwood Young America at 138 South St E, Norwood Young America, MN, 55368 generates $2,208/mo in rent and, after a $1,319/mo payment, leaves $525/mo in cash flow. Total monthly income is $2,208/mo, and annual cash flow is $6,302/yr on $89,339 invested. Return on cash invested sits at 26.96% in year one, and rental yield is 9.83% on a $269,500 entry. Equity gained on principal adds $1,739/yr, while 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 140.78% and total cumulative return in cash sums $125,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,208/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55368, Norwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 630 (65.1%) |
| Renter Occupied HU | 288 (29.8%) |
| Vacant Housing Units | 49 ( 5.1%) |
| Median Home Value | $391,241 |
| Average Home Value | $514,389 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
749
Multi-Family
186
Businesses
108
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Listed by: Stephanie Braschler • Trilogy Properties of MN, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826093