1642 S Hill AveOgilvieMN56358
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 Ogilvie at 1642 S Hill Ave, Ogilvie, MN, 56358 earns from $2,363/mo rent with a $2,154/mo payment. Total monthly income totals $2,363/mo. ROI tracks 16.74% on current figures, and rental yield reads 6.44% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 85.92% and total cumulative return in cash sums $125,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,363/mo property income instead of your personal income.
Single Family
Built in 1920
26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56358, Ogilvie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,095 (77.3%) |
| Renter Occupied HU | 185 (13.1%) |
| Vacant Housing Units | 136 ( 9.6%) |
| Median Home Value | $289,043 |
| Average Home Value | $317,578 |
Housing Distribution
Address Breakdown
Residential
1,321
Single Family
1,306
Multi-Family
15
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Lynn Frantzen • Keller Williams Integrity Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6792891
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