14881 Golf Course RdAshbyMN56309
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 Ashby at 14881 Golf Course Rd, Ashby, MN, 56309 generates $2,496/mo in rent and, after a $1,419/mo payment, leaves $686/mo in cash flow. Total monthly income is $2,496/mo, and annual cash flow is $8,228/yr on $96,102 invested. Return on cash invested sits at 28.47% in year one, and rental yield is 10.33% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 148.83% and total cumulative return in cash sums $143,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,496/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56309, Ashby, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 743 (100%) |
| Owner Occupied HU | 408 (54.9%) |
| Renter Occupied HU | 86 (11.6%) |
| Vacant Housing Units | 249 (33.5%) |
| Median Home Value | $364,935 |
| Average Home Value | $441,409 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Sarah J House • Century 21 Atwood
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6551046
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 10:46:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)