1998 280th AveMoraMN55051
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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 Mora at 1998 280th Ave, Mora, MN, 55051 uses $54,698 cash to close to unlock $7,599/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $1,664/mo, and a $808/mo payment keeps the spread at $633/mo. Purchase price stands at $165,000, and rental yield measures 12.1% with $1,664/mo rent. Return on cash invested shows 33.8% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 177.48% and total cumulative return in cash records $97,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,664/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1996
2.50 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
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