17591 Upper Spunk Lake RdAvonMN56310
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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 Avon at 17591 Upper Spunk Lake Rd, Avon, MN, 56310 generates $2,052/mo in rent and, after a $1,370/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,052/mo, and annual cash flow is $3,650/yr on $92,787 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 8.8% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $115,105. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,052/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56310, Avon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,869 (80.6%) |
| Renter Occupied HU | 232 ( 10.0%) |
| Vacant Housing Units | 219 ( 9.4%) |
| Median Home Value | $391,537 |
| Average Home Value | $462,741 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
1,940
Multi-Family
89
Businesses
105
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