202 Northern Ave EHollandaleMN56045
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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 Hollandale at 202 Northern Ave E, Hollandale, MN, 56045 earns $116/mo cash flow from $1,801/mo rent with a $1,321/mo payment. Total monthly income totals $1,801/mo, and annual cash flow totals $1,388/yr on $89,472 capital. ROI tracks 21.46% on current figures, and rental yield reads 8.01% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $99,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,801/mo property income instead of your personal income.
Single Family
Built in 1948
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56045, Hollandale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 322 (81.9%) |
| Renter Occupied HU | 54 (13.7%) |
| Vacant Housing Units | 17 ( 4.3%) |
| Median Home Value | $275,926 |
| Average Home Value | $312,880 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
232
Multi-Family
10
Businesses
22
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Listed by: Jeffrey Paul Nielsen • Century 21 Atwood
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6778431