15 Jayvee LnGarvinMN56132
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
Investment property for sale in Garvin at 15 Jayvee Ln, Garvin, MN, 56132 with 5% annual appreciation on a $149,000 basis while $1,378/mo rent supports operations. Total monthly income totals $1,378/mo and a $729/mo payment preserves $448/mo for cash returns. Annual cash flow comes to $5,374/yr on $49,394 deployed, and return on cash invested reaches 30.79% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 11.1%. Five-year ROI measures 161.25% and total cumulative return in cash totals $79,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,378/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56132, Garvin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 165 (59.8%) |
| Renter Occupied HU | 15 ( 5.4%) |
| Vacant Housing Units | 96 (34.8%) |
| Median Home Value | $363,043 |
| Average Home Value | $402,045 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Jana Reilly Home Team • Keller Williams Preferred Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6470590
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