208 E 2nd StAdrianMN56110
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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 Adrian at 208 E 2nd St, Adrian, MN, 56110 listed at $197,500 pairs $1,670/mo rent with a $967/mo payment to leave $436/mo cash flow. Total monthly income runs $1,670/mo, and annual cash flow reaches $5,237/yr on $65,471 cash to close. Return on cash invested measures 27.91% in year one, and rental yield registers 10.15% at a $197,500 basis. Equity gained on principal adds $1,274/yr, and annual property appreciation at 5% supports $54,566 by year five. Five-year ROI tracks 145.85% and total cumulative return in cash totals $95,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,670/mo property income relative to a $967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56110, Adrian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 585 (77.8%) |
| Renter Occupied HU | 116 (15.4%) |
| Vacant Housing Units | 51 ( 6.8%) |
| Median Home Value | $224,808 |
| Average Home Value | $247,953 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
58
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