201 N 8th StKiesterMN56051
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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 Kiester at 201 N 8th St, Kiester, MN, 56051 offers a 10.16% rental yield on a $129,000 purchase with $1,092/mo rent. Total monthly income registers $1,092/mo, and a $631/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,442/yr on $42,764 to close, and return on cash invested stands at 27.96% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 146.09% and total cumulative return in cash at $62,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,092/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56051, Kiester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 229 (68.0%) |
| Renter Occupied HU | 62 (18.4%) |
| Vacant Housing Units | 46 (13.6%) |
| Median Home Value | $89,643 |
| Average Home Value | $184,410 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
125
Multi-Family
11
Businesses
30
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