199 Pine AveMiltonaMN56354
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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 Miltona at 199 Pine Ave, Miltona, MN, 56354 priced at $295,000 converts $2,404/mo rent into $562/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,404/mo, and annual cash flow totals $6,741/yr on $97,793 invested. Return on cash invested prints 26.8% in year one, and rental yield reads 9.78% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 139.88% and total cumulative return in cash sums $136,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,404/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56354, Miltona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 591 (49.0%) |
| Renter Occupied HU | 71 ( 5.9%) |
| Vacant Housing Units | 545 (45.2%) |
| Median Home Value | $491,284 |
| Average Home Value | $534,615 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
38
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