2 Mesabi DrVirginiaMN55792
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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 Virginia at 2 Mesabi Dr, Virginia, MN, 55792 at $132,000 posts ROI 24.51% with $168/mo cash flow from $992/mo rent. Total monthly income equals $992/mo, and annual cash flow records $2,014/yr on $43,758 to close. Return on cash invested measures 24.51% and rental yield reads 9.02% at the current $132,000. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 by year five. Five-year ROI prints 127.62% and total cumulative return in cash totals $55,843.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55792, Virginia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,428 (100%) |
| Owner Occupied HU | 2,841 (52.3%) |
| Renter Occupied HU | 1,857 (34.2%) |
| Vacant Housing Units | 730 (13.4%) |
| Median Home Value | $172,412 |
| Average Home Value | $218,446 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
3,864
Multi-Family
961
Businesses
582
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