201 2nd Ave EAdaMN56510
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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
Total monthly income runs $1,243/mo, and a $1,091/mo payment. Purchase price stands at $223,000, and rental yield measures 6.69% with $1,243/mo rent. Return on cash invested shows 17.49% in year one, and 5% annual appreciation builds toward $61,611 over five years. Five-year ROI reaches 89.94% and total cumulative return in cash records $66,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,243/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.48 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56510, Ada, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 723 (64.7%) |
| Renter Occupied HU | 247 (22.1%) |
| Vacant Housing Units | 147 (13.2%) |
| Median Home Value | $169,360 |
| Average Home Value | $221,387 |
Housing Distribution
Address Breakdown
Residential
1,005
Single Family
885
Multi-Family
120
Businesses
159
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