201 Park Ave NVernon CenterMN56090
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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 Vernon Center at 201 Park Ave N, Vernon Center, MN, 56090 earns $579/mo cash flow from $1,984/mo rent with a $1,101/mo payment. Total monthly income totals $1,984/mo, and annual cash flow totals $6,951/yr on $74,588 capital. ROI tracks 29.23% on current figures, and rental yield reads 10.58% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 152.93% and total cumulative return in cash sums $114,069. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,984/mo property income instead of your personal income.
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56090, Vernon Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 223 (81.1%) |
| Renter Occupied HU | 35 (12.7%) |
| Vacant Housing Units | 17 ( 6.2%) |
| Median Home Value | $357,353 |
| Average Home Value | $440,706 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
12
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Listed by: Drew Peterson • Century 21 Atwood
Mls Name: RASM
Mls ID: #7038479