15531 County Road 21CantonMN55922
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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 Canton at 15531 County Road 21, Canton, MN, 55922 generates $1,960/mo in rent, after a $1,835/mo payment. Total monthly income is $1,960/mo. Return on cash invested sits at 16.23% in year one, and rental yield is 6.27% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 83.18% and total cumulative return in cash sums $103,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55922, Canton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 236 (73.7%) |
| Renter Occupied HU | 40 (12.5%) |
| Vacant Housing Units | 44 (13.7%) |
| Median Home Value | $202,273 |
| Average Home Value | $266,038 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
215
Multi-Family
8
Businesses
19
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