201 3rd St SERenvilleMN56284
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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 Renville at 201 3rd St SE, Renville, MN, 56284 listed at $149,000 pairs $1,150/mo rent with a $729/mo payment to leave $220/mo cash flow. Total monthly income runs $1,150/mo, and annual cash flow reaches $2,638/yr on $49,394 cash to close. Return on cash invested measures 25.25% in year one, and rental yield registers 9.26% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 131.56% and total cumulative return in cash totals $64,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,150/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56284, Renville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 579 (66.3%) |
| Renter Occupied HU | 201 (23.0%) |
| Vacant Housing Units | 93 (10.7%) |
| Median Home Value | $175,313 |
| Average Home Value | $228,765 |
Housing Distribution
Address Breakdown
Residential
388
Single Family
320
Multi-Family
68
Businesses
51
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