16114 109th St NWSouth HavenMN55382
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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 South Haven at 16114 109th St NW, South Haven, MN, 55382 generates $2,290/mo in rent, after a $1,908/mo payment. Total monthly income is $2,290/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 7.05% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 95.73% and total cumulative return in cash sums $123,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,290/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55382, South Haven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,199 (100%) |
| Owner Occupied HU | 1,392 (63.3%) |
| Renter Occupied HU | 93 ( 4.2%) |
| Vacant Housing Units | 714 (32.5%) |
| Median Home Value | $434,328 |
| Average Home Value | $486,893 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,665
Multi-Family
0
Businesses
30
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Listed by: N/A • N/A
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