205 Marsden St WLewisvilleMN56060
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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 Lewisville at 205 Marsden St W, Lewisville, MN, 56060 priced at $130,000 converts $1,008/mo rent into $197/mo cash flow after a $636/mo obligation. Total monthly income equals $1,008/mo, and annual cash flow totals $2,358/yr on $43,095 invested. Return on cash invested prints 25.38% in year one, and rental yield reads 9.3% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 132.33% and total cumulative return in cash sums $57,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,008/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56060, Lewisville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 168 (78.9%) |
| Renter Occupied HU | 27 (12.7%) |
| Vacant Housing Units | 18 ( 8.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $278,125 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
14
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Listed by: Kelsey Cooling • True Real Estate
Mls Name: RASM
Mls ID: #7037725