188 Main StRollingstoneMN55969
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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 Rollingstone at 188 Main St, Rollingstone, MN, 55969 uses $62,322 cash to close to unlock $1,598/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,307/mo, and a $920/mo payment keeps the spread at $133/mo. Purchase price stands at $188,000, and rental yield measures 8.34% with $1,307/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash records $72,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,307/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55969, Rollingstone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 395 (78.8%) |
| Renter Occupied HU | 78 (15.6%) |
| Vacant Housing Units | 28 ( 5.6%) |
| Median Home Value | $340,116 |
| Average Home Value | $407,367 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
447
Multi-Family
14
Businesses
20
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Listed by: DeAnne Forsythe • Coldwell Banker River Valley, REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782205