15544 260th St SBarnesvilleMN56514
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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
Total monthly income runs $3,631/mo, and a $3,401/mo payment. Purchase price stands at $694,900, and rental yield measures 6.27% with $3,631/mo rent. Return on cash invested shows 16.34% in year one, and 5% annual appreciation builds toward $191,988 over five years. Five-year ROI reaches 83.76% and total cumulative return in cash records $191,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,631/mo property income covering a $3,401/mo payment rather than investor’s personal income.
Single Family
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56514, Barnesville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 1,246 (78.7%) |
| Renter Occupied HU | 256 (16.2%) |
| Vacant Housing Units | 82 ( 5.2%) |
| Median Home Value | $289,750 |
| Average Home Value | $309,394 |
Housing Distribution
Address Breakdown
Residential
1,442
Single Family
1,380
Multi-Family
62
Businesses
98
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Listed by: Kelly Mullaney • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6739078