205 8th St EHermanMN56248
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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 Herman at 205 8th St E, Herman, MN, 56248 earns $308/mo cash flow from $1,307/mo rent with a $783/mo payment. Total monthly income totals $1,307/mo, and annual cash flow totals $3,698/yr on $53,007 capital. ROI tracks 26.88% on current figures, and rental yield reads 9.81% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 140.42% and total cumulative return in cash sums $74,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,307/mo property income instead of your personal income.
Single Family
Built in 1945
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56248, Herman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 260 (66.7%) |
| Renter Occupied HU | 62 (15.9%) |
| Vacant Housing Units | 68 (17.4%) |
| Median Home Value | $259,434 |
| Average Home Value | $337,221 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
194
Multi-Family
29
Businesses
37
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