14125 Lastovich RdGoodlandMN55742
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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 Goodland at 14125 Lastovich Rd, Goodland, MN, 55742 generates $2,663/mo in rent and, after a $1,419/mo payment, leaves $853/mo in cash flow. Total monthly income is $2,663/mo, and annual cash flow is $10,230/yr on $96,135 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 11.02% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 160% and total cumulative return in cash sums $153,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,663/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1990
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55742, Goodland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 142 (59.2%) |
| Renter Occupied HU | 12 ( 5.0%) |
| Vacant Housing Units | 86 (35.8%) |
| Median Home Value | $275,000 |
| Average Home Value | $345,722 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
4
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