203 Trondheim RdKenyonMN55946
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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 Kenyon at 203 Trondheim Rd, Kenyon, MN, 55946 offers $1,440/mo rent that, after a $1,639/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures 12.87% in year one, and rental yield stands at 5.16% at a $334,900 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,527 by year five. Five-year ROI records 65.17% and total cumulative return in cash reaches $72,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55946, Kenyon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 1,150 (76.8%) |
| Renter Occupied HU | 246 (16.4%) |
| Vacant Housing Units | 102 ( 6.8%) |
| Median Home Value | $289,873 |
| Average Home Value | $347,687 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,306
Multi-Family
64
Businesses
77
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