190 Red School LnKelloggMN55945
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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 Kellogg at 190 Red School Ln, Kellogg, MN, 55945 generates $2,532/mo in rent and, after a $1,786/mo payment, leaves $253/mo in cash flow. Total monthly income is $2,532/mo, and annual cash flow is $3,039/yr on $120,998 invested. Return on cash invested sits at 22.42% in year one, and rental yield is 8.32% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 116.41% and total cumulative return in cash sums $140,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,532/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55945, Kellogg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 543 (78.9%) |
| Renter Occupied HU | 66 ( 9.6%) |
| Vacant Housing Units | 79 (11.5%) |
| Median Home Value | $345,109 |
| Average Home Value | $416,998 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
534
Multi-Family
5
Businesses
26
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