200 N Adams StElktonMN55933
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 Elkton at 200 N Adams St, Elkton, MN, 55933 offers a 7.41% rental yield on a $219,000 purchase with $1,352/mo rent. 19% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 99.24% and total cumulative return in cash at $72,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,352/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55933, Elkton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 131 (100%) |
| Owner Occupied HU | 99 (75.6%) |
| Renter Occupied HU | 23 (17.6%) |
| Vacant Housing Units | 9 ( 6.9%) |
| Median Home Value | $244,048 |
| Average Home Value | $367,121 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
3
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Nearby investment properties with comparable prices
Listed by: Colleen Jennings • Colleen Jennings Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6692565
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