140 30th Ave SEMaynardMN56260
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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 Maynard at 140 30th Ave SE, Maynard, MN, 56260 uses $49,394 cash to close to unlock $12,979/yr annual cash flow and $1,082/mo monthly cash flow. Total monthly income runs $2,135/mo, and a $729/mo payment keeps the spread at $1,082/mo. Purchase price stands at $149,000, and rental yield measures 17.19% with $2,135/mo rent. Return on cash invested shows 46.19% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 244.95% and total cumulative return in cash records $120,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,135/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56260, Maynard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 268 (70.9%) |
| Renter Occupied HU | 81 (21.4%) |
| Vacant Housing Units | 29 ( 7.7%) |
| Median Home Value | $253,774 |
| Average Home Value | $273,162 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
9
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Listed by: James Trulock • Hawk Creek Real Estate
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6578812
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