205 Main St EElysianMN56028
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
Rental property for sale in Elysian at 205 Main St E, Elysian, MN, 56028 priced at $134,900 pairs $1,072/mo rent with $219/mo cash flow after a $660/mo payment. Total monthly income equals $1,072/mo, and annual cash flow comes to $2,624/yr on $44,719 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 9.54% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 134.53% and total cumulative return in cash reaches $60,161. For financing, Ziffy Mortgage’s DSCR program evaluates $1,072/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56028, Elysian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 525 (63.0%) |
| Renter Occupied HU | 52 ( 6.2%) |
| Vacant Housing Units | 256 (30.7%) |
| Median Home Value | $423,500 |
| Average Home Value | $468,252 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan James • Realty Executive Associates
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6651125
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