1815 Grandview AveRed WingMN55066
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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 Red Wing at 1815 Grandview Ave, Red Wing, MN, 55066 listed at $325,000 pairs $2,004/mo rent with a $1,591/mo payment. Total monthly income runs $2,004/mo. Return on cash invested measures 19.62% in year one, and rental yield registers 7.4% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 101.41% and total cumulative return in cash totals $109,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,004/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55066, Red Wing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,639 (100%) |
| Owner Occupied HU | 5,722 (66.2%) |
| Renter Occupied HU | 2,426 (28.1%) |
| Vacant Housing Units | 491 ( 5.7%) |
| Median Home Value | $299,791 |
| Average Home Value | $345,687 |
Housing Distribution
Address Breakdown
Residential
8,540
Single Family
6,971
Multi-Family
1,569
Businesses
699
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