14118 521st AveVernon CenterMN56090
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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 Vernon Center at 14118 521st Ave, Vernon Center, MN, 56090 generates $3,278/mo in rent, after a $3,225/mo payment. Total monthly income is $3,278/mo. Return on cash invested sits at 15.43% in year one, and rental yield is 5.97% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 78.87% and total cumulative return in cash sums $170,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,278/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56090, Vernon Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 223 (81.1%) |
| Renter Occupied HU | 35 (12.7%) |
| Vacant Housing Units | 17 ( 6.2%) |
| Median Home Value | $357,353 |
| Average Home Value | $440,706 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
12
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Listed by: Beth Leonard • True Real Estate
Mls Name: RASM
Mls ID: #7038448