15303 341st AveHarmonyMN55939
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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 Harmony at 15303 341st Ave, Harmony, MN, 55939 generates $2,119/mo in rent and, after a $1,370/mo payment, leaves $371/mo in cash flow. Total monthly income is $2,119/mo, and annual cash flow is $4,452/yr on $92,820 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 9.08% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 128.62% and total cumulative return in cash sums $119,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,119/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
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Nearby investment properties with comparable prices
Listed by: Roxanne Johnson • RE/MAX Select Properties
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6581674
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