151 Bluffs Rd NWAlexandriaMN56308
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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
Investment property for sale in Alexandria at 151 Bluffs Rd NW, Alexandria, MN, 56308 earns $589/mo cash flow from $3,077/mo rent with a $1,950/mo payment. Total monthly income totals $3,077/mo, and annual cash flow totals $7,068/yr on $132,103 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.27% at a $398,500 purchase. Equity gained on principal adds $2,571/yr, and 5% annual appreciation supports $110,098 over five years. Five-year ROI reaches 131.64% and total cumulative return in cash sums $173,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,077/mo property income instead of your personal income.
Single Family
Built in 2000
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56308, Alexandria, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 8,370 (55.1%) |
| Renter Occupied HU | 3,626 (23.9%) |
| Vacant Housing Units | 3,204 (21.1%) |
| Median Home Value | $381,523 |
| Average Home Value | $429,357 |
Housing Distribution
Address Breakdown
Residential
13,430
Single Family
10,722
Multi-Family
2,708
Businesses
1,290
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Listed by: Justin Habel • Counselor Realty Inc of Alex
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6792197