210 Memorial Dr SWBlooming PrairieMN55917
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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 Blooming Prairie at 210 Memorial Dr SW, Blooming Prairie, MN, 55917 offers a 8.6% rental yield on a $219,900 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $1,076/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,438/yr on $72,897 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 120.88% and total cumulative return in cash at $88,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55917, Blooming Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,204 (77.8%) |
| Renter Occupied HU | 250 (16.2%) |
| Vacant Housing Units | 93 ( 6.0%) |
| Median Home Value | $253,784 |
| Average Home Value | $312,600 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,162
Multi-Family
20
Businesses
116
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Listed by: Enclave Team • Real Broker, LLC.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774446