203 Central AveRussellMN56169
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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
Rental property for sale in Russell at 203 Central Ave, Russell, MN, 56169 priced at $115,000 pairs $906/mo rent with $188/mo cash flow after a $563/mo payment. Total monthly income equals $906/mo, and annual cash flow comes to $2,253/yr on $38,123 invested. Return on cash invested is 25.82% in year one, and rental yield stands at 9.45% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 134.65% and total cumulative return in cash reaches $51,333. For financing, Ziffy Mortgage’s DSCR program evaluates $906/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56169, Russell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 222 (80.4%) |
| Renter Occupied HU | 25 ( 9.1%) |
| Vacant Housing Units | 29 (10.5%) |
| Median Home Value | $295,000 |
| Average Home Value | $369,324 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
13
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