208 21st St SBensonMN56215
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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 Benson at 208 21st St S, Benson, MN, 56215 uses $57,847 cash to close to unlock $3,941/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,418/mo, and a $854/mo payment keeps the spread at $328/mo. Purchase price stands at $174,500, and rental yield measures 9.75% with $1,418/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash records $80,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,418/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in 1925
0.26 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56215, Benson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,363 (61.6%) |
| Renter Occupied HU | 618 (27.9%) |
| Vacant Housing Units | 233 (10.5%) |
| Median Home Value | $214,098 |
| Average Home Value | $282,964 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,854
Multi-Family
260
Businesses
207
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