201 2nd St SVirginiaMN55792
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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
Rental property for sale in Virginia at 201 2nd St S, Virginia, MN, 55792 priced at $149,000 converts $1,692/mo rent into $748/mo cash flow after a $729/mo obligation. Total monthly income equals $1,692/mo, and annual cash flow totals $8,972/yr on $49,394 invested. Return on cash invested prints 38.07% in year one, and rental yield reads 13.63% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 200.49% and total cumulative return in cash sums $99,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,692/mo property income covering a $729/mo payment, not borrower’s personal income.
Multi Family
Built in 1906
5,400 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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Listed by: Rick Clark • Northwoods Land Office
Mls Name: Range AOR
Mls ID: #148171
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.