19383 Babcock AveLester PrairieMN55354
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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 Lester Prairie at 19383 Babcock Ave, Lester Prairie, MN, 55354 earns from $3,007/mo rent with a $2,838/mo payment. Total monthly income totals $3,007/mo. ROI tracks 16.2% on current figures, and rental yield reads 6.22% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 83.01% and total cumulative return in cash sums $158,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,007/mo property income instead of your personal income.
Single Family
Built in 1913
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55354, Lester Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 878 (79.7%) |
| Renter Occupied HU | 194 (17.6%) |
| Vacant Housing Units | 29 ( 2.6%) |
| Median Home Value | $283,190 |
| Average Home Value | $334,550 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
614
Multi-Family
12
Businesses
56
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Listed by: Emily Guetzko • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006619