205 Evergreen Dr ECannon FallsMN55009
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 Cannon Falls at 205 Evergreen Dr E, Cannon Falls, MN, 55009 at $479,900 posts ROI 26.03% with $812/mo cash flow from $3,809/mo rent. Total monthly income equals $3,809/mo, and annual cash flow records $9,746/yr on $159,087 to close. Return on cash invested measures 26.03% and rental yield reads 9.52% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. Five-year ROI prints 135.78% and total cumulative return in cash totals $216,009.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,809/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55009, Cannon Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,726 (74.7%) |
| Renter Occupied HU | 725 (19.9%) |
| Vacant Housing Units | 199 ( 5.5%) |
| Median Home Value | $379,935 |
| Average Home Value | $421,616 |
Housing Distribution
Address Breakdown
Residential
3,538
Single Family
3,176
Multi-Family
362
Businesses
279
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Listed by: Mark Nelson • Timber Ghost Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774638