1900 22nd Dr SWAustinMN55912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1900 22nd Dr SW, Austin, MN, 55912 uses $41,438 cash to close to unlock $2,367/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $978/mo, and a $612/mo payment keeps the spread at $197/mo. Purchase price stands at $125,000, and rental yield measures 9.39% with $978/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash records $55,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices