157 Central Ave SAldrichMN56434
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 Aldrich at 157 Central Ave S, Aldrich, MN, 56434 offers a 19.13% rental yield on a $149,900 purchase with $2,390/mo rent. Total monthly income registers $2,390/mo, and a $734/mo payment leaves $1,432/mo available for distribution. Annual cash flow reaches $17,186/yr on $49,692 to close, and return on cash invested stands at 54.49% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 288.67% and total cumulative return in cash at $143,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,390/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56434, Aldrich, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 94 (100%) |
| Owner Occupied HU | 71 (75.5%) |
| Renter Occupied HU | 8 ( 8.5%) |
| Vacant Housing Units | 15 (16.0%) |
| Median Home Value | $220,833 |
| Average Home Value | $289,261 |
Housing Distribution
Address Breakdown
Residential
64
Single Family
64
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Hinkle • Hinkle Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6609830
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