141 Chase AveNicolletMN56074
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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 Nicollet at 141 Chase Ave, Nicollet, MN, 56074 listed at $389,000 pairs $2,785/mo rent with a $1,904/mo payment to leave $356/mo cash flow. Total monthly income runs $2,785/mo, and annual cash flow reaches $4,270/yr on $128,954 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 8.59% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 120.66% and total cumulative return in cash totals $155,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,785/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56074, Nicollet, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 628 (77.5%) |
| Renter Occupied HU | 157 (19.4%) |
| Vacant Housing Units | 25 ( 3.1%) |
| Median Home Value | $337,662 |
| Average Home Value | $367,512 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
388
Multi-Family
29
Businesses
48
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