1638 221st StGarvinMN56132
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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
Investment property for sale in Garvin at 1638 221st St, Garvin, MN, 56132 earns from $1,750/mo rent with a $4,332/mo payment. Total monthly income totals $1,750/mo. ROI tracks 4.49% on current figures, and rental yield reads 2.37% at a $885,000 purchase. Equity gained on principal adds $5,711/yr, and 5% annual appreciation supports $244,509 over five years. Five-year ROI reaches 20.23% and total cumulative return in cash sums $58,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Single Family
Built in 1915
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56132, Garvin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 165 (59.8%) |
| Renter Occupied HU | 15 ( 5.4%) |
| Vacant Housing Units | 96 (34.8%) |
| Median Home Value | $363,043 |
| Average Home Value | $402,045 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
9
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