208 1st Ave SENyaMN55397
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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 Nya at 208 1st Ave SE, Nya, MN, 55397 uses $66,300 cash to close to unlock $1,848/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $979/mo payment keeps the spread at $154/mo. Purchase price stands at $200,000, and rental yield measures 8.42% with $1,403/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 117.86% and total cumulative return in cash records $78,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1947
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55397, Young America, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 957 (80.2%) |
| Renter Occupied HU | 197 (16.5%) |
| Vacant Housing Units | 40 ( 3.4%) |
| Median Home Value | $354,644 |
| Average Home Value | $441,539 |
Housing Distribution
Address Breakdown
Residential
1,181
Single Family
1,073
Multi-Family
108
Businesses
20
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