20530 487th St UNIT 23McGregorMN55760
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 McGregor at 20530 487th St UNIT 23, McGregor, MN, 55760 generates $0/mo in rent, after a $2,863/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.71% in year one, and rental yield is 0% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Townhouse
Built in 2010
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices