204 Johnson StShellyMN56581
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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 Shelly at 204 Johnson St, Shelly, MN, 56581 priced at $215,000 pairs $1,550/mo rent with $208/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,550/mo, and annual cash flow comes to $2,493/yr on $71,273 invested. Return on cash invested is 23.41% in year one, and rental yield stands at 8.65% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 121.68% and total cumulative return in cash reaches $86,725. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56581, Shelly, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 160 (100%) |
| Owner Occupied HU | 102 (63.7%) |
| Renter Occupied HU | 27 (16.9%) |
| Vacant Housing Units | 31 (19.4%) |
| Median Home Value | $129,167 |
| Average Home Value | $213,701 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
8
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