20177 Royal AveMorganMN56266
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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 Morgan at 20177 Royal Ave, Morgan, MN, 56266 offers a 6.23% rental yield on a $399,900 purchase with $2,075/mo rent. 09% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 82.47% and total cumulative return in cash at $109,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,075/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
5.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56266, Morgan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 558 (77.5%) |
| Renter Occupied HU | 87 (12.1%) |
| Vacant Housing Units | 75 (10.4%) |
| Median Home Value | $176,429 |
| Average Home Value | $228,732 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
445
Multi-Family
9
Businesses
54
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