18091 Earle Brown Dr #E-5GarrisonMN56450
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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 Garrison at 18091 Earle Brown Dr #E-5, Garrison, MN, 56450 uses $36,465 cash to close to unlock $9,762/yr annual cash flow and $814/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $538/mo payment keeps the spread at $814/mo. Purchase price stands at $110,000, and rental yield measures 16.36% with $1,500/mo rent. Return on cash invested shows 46.68% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 246.51% and total cumulative return in cash records $89,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1965
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56450, Garrison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,193 (100%) |
| Owner Occupied HU | 459 (38.5%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 642 (53.8%) |
| Median Home Value | $372,596 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
75
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