1956 228th LnMoraMN55051
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 Mora at 1956 228th Ln, Mora, MN, 55051 uses $129,252 cash to close to unlock $668/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,490/mo, and a $1,908/mo payment keeps the spread at $56/mo. Purchase price stands at $389,900, and rental yield measures 7.66% with $2,490/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 105.68% and total cumulative return in cash records $136,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55051, Mora, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,942 (100%) |
| Owner Occupied HU | 3,253 (65.8%) |
| Renter Occupied HU | 971 (19.6%) |
| Vacant Housing Units | 718 (14.5%) |
| Median Home Value | $247,320 |
| Average Home Value | $283,349 |
Housing Distribution
Address Breakdown
Residential
4,466
Single Family
4,091
Multi-Family
375
Businesses
317
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices