18 Cedar Ave SEMenahgaMN56464
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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 Menahga at 18 Cedar Ave SE, Menahga, MN, 56464 offers $1,316/mo rent that, after a $1,072/mo payment. Total monthly income is $1,316/mo. Return on cash invested measures 19.06% in year one, and rental yield stands at 7.21% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 98.38% and total cumulative return in cash reaches $71,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,316/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56464, Menahga, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,506 (58.6%) |
| Renter Occupied HU | 337 (13.1%) |
| Vacant Housing Units | 725 (28.2%) |
| Median Home Value | $247,473 |
| Average Home Value | $298,860 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,828
Multi-Family
93
Businesses
87
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