211 E Main StMILACAMN56353
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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
Total monthly income runs $1,032/mo, and a $1,223/mo payment. Purchase price stands at $249,900, and rental yield measures 4.96% with $1,032/mo rent. Return on cash invested shows 12.26% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 61.88% and total cumulative return in cash records $51,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,032/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56353, Milaca, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,111 (100%) |
| Owner Occupied HU | 2,998 (72.9%) |
| Renter Occupied HU | 833 (20.3%) |
| Vacant Housing Units | 280 ( 6.8%) |
| Median Home Value | $274,311 |
| Average Home Value | $300,156 |
Housing Distribution
Address Breakdown
Residential
3,889
Single Family
3,488
Multi-Family
401
Businesses
248
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