200 E 1st StMorrisMN56267
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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 Morris at 200 E 1st St, Morris, MN, 56267 earns $577/mo cash flow from $1,451/mo rent with a $685/mo payment. Total monthly income totals $1,451/mo, and annual cash flow totals $6,926/yr on $46,377 capital. ROI tracks 34.84% on current figures, and rental yield reads 12.45% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 183.1% and total cumulative return in cash sums $84,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,451/mo property income instead of your personal income.
Multi Family
Built in 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56267, Morris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,997 (100%) |
| Owner Occupied HU | 1,589 (53.0%) |
| Renter Occupied HU | 1,041 (34.7%) |
| Vacant Housing Units | 367 (12.2%) |
| Median Home Value | $262,671 |
| Average Home Value | $312,373 |
Housing Distribution
Address Breakdown
Residential
2,810
Single Family
2,178
Multi-Family
632
Businesses
344
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