203 N Monroe StMinneotaMN56264
Nearby investment properties with comparable rents
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 Minneota at 203 N Monroe St, Minneota, MN, 56264 with 5% annual appreciation on a $120,000 basis while $1,048/mo rent supports operations. Total monthly income totals $1,048/mo and a $587/mo payment preserves $299/mo for cash returns. Annual cash flow comes to $3,588/yr on $39,780 deployed, and return on cash invested reaches 28.93% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 10.48%. Five-year ROI measures 151.3% and total cumulative return in cash totals $60,187.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,048/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56264, Minneota, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 691 (74.5%) |
| Renter Occupied HU | 147 (15.9%) |
| Vacant Housing Units | 89 ( 9.6%) |
| Median Home Value | $221,627 |
| Average Home Value | $250,868 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
705
Multi-Family
61
Businesses
55
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Nearby investment properties with comparable prices
Listed by: Kristen Breyfogle • Marshall Area Homes
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6594803
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