20009 504th LnMcGregorMN55760
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 McGregor at 20009 504th Ln, McGregor, MN, 55760 earns from $1,400/mo rent with a $4,160/mo payment. Total monthly income totals $1,400/mo. ROI tracks 3.29% on current figures, and rental yield reads 1.98% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 13.77% and total cumulative return in cash sums $38,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,400/mo property income instead of your personal income.
Single Family
Built in 1932
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
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Nearby investment properties with comparable prices
Listed by: Barbara J Martz • Century 21 Twin Lakes Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6550717
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