21296 496th LnMcGregorMN55760
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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
Rental property for sale in McGregor at 21296 496th Ln, McGregor, MN, 55760 generates $1,984/mo in rent, after a $1,713/mo payment. Total monthly income is $1,984/mo. Return on cash invested sits at 17.83% in year one, and rental yield is 6.8% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 91.75% and total cumulative return in cash sums $106,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,984/mo property income rather than buyer’s personal income.
Townhouse
Built in 1999
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
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