1815 4th St NEAustinMN55912
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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 Austin at 1815 4th St NE, Austin, MN, 55912 uses $49,692 cash to close to unlock $15,548/yr annual cash flow and $1,296/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $734/mo payment keeps the spread at $1,296/mo. Purchase price stands at $149,900, and rental yield measures 17.87% with $2,232/mo rent. Return on cash invested shows 51.2% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 270.73% and total cumulative return in cash records $134,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55912, Austin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,710 (100%) |
| Owner Occupied HU | 8,151 (64.1%) |
| Renter Occupied HU | 3,642 (28.7%) |
| Vacant Housing Units | 917 ( 7.2%) |
| Median Home Value | $198,527 |
| Average Home Value | $258,502 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
10,599
Multi-Family
1,662
Businesses
835
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