145 Central Ave WPlummerMN56748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plummer at 145 Central Ave W, Plummer, MN, 56748 priced at $120,000 pairs $1,162/mo rent with $413/mo cash flow after a $587/mo payment. Total monthly income equals $1,162/mo, and annual cash flow comes to $4,956/yr on $39,780 invested. Return on cash invested is 32.37% in year one, and rental yield stands at 11.62% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 169.7% and total cumulative return in cash reaches $67,507. For financing, Ziffy Mortgage’s DSCR program evaluates $1,162/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56748, Plummer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 245 (74.7%) |
| Renter Occupied HU | 41 (12.5%) |
| Vacant Housing Units | 42 (12.8%) |
| Median Home Value | $230,729 |
| Average Home Value | $249,041 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
14
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