21286 345th StErhardMN56534
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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 Erhard at 21286 345th St, Erhard, MN, 56534 uses $140,888 cash to close to unlock $3,195/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $2,920/mo, and a $2,080/mo payment keeps the spread at $266/mo. Purchase price stands at $425,000, and rental yield measures 8.24% with $2,920/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 115.09% and total cumulative return in cash records $162,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,920/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2000
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56534, Erhard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 465 (70.1%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 160 (24.1%) |
| Median Home Value | $402,525 |
| Average Home Value | $426,097 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
504
Multi-Family
6
Businesses
23
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