211 S Houk StGood ThunderMN56037
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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 Good Thunder at 211 S Houk St, Good Thunder, MN, 56037 earns $528/mo cash flow from $1,933/mo rent with a $1,101/mo payment. Total monthly income totals $1,933/mo, and annual cash flow totals $6,339/yr on $74,588 capital. ROI tracks 28.41% on current figures, and rental yield reads 10.31% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 148.54% and total cumulative return in cash sums $110,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,933/mo property income instead of your personal income.
Single Family
Built in 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56037, Good Thunder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 552 (81.2%) |
| Renter Occupied HU | 85 (12.5%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $316,552 |
| Average Home Value | $397,966 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
503
Multi-Family
20
Businesses
16
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Listed by: Jeremy Kolars • Realty Executives Associates
Mls Name: RASM
Mls ID: #7038511