1445 1st Ave SWOronocoMN55960
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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 Oronoco at 1445 1st Ave SW, Oronoco, MN, 55960 generates $1,208/mo in rent and, after a $857/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,208/mo, and annual cash flow is $1,377/yr on $58,013 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 8.28% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 115.64% and total cumulative return in cash sums $67,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,208/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55960, Oronoco, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 1,478 (87.5%) |
| Renter Occupied HU | 128 ( 7.6%) |
| Vacant Housing Units | 83 ( 4.9%) |
| Median Home Value | $560,640 |
| Average Home Value | $590,575 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,163
Multi-Family
218
Businesses
51
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