213 10th Ave SEWasecaMN56093
Nearby investment properties with comparable rents
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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 Waseca at 213 10th Ave SE, Waseca, MN, 56093 earns $843/mo cash flow from $2,434/mo rent with a $1,170/mo payment. Total monthly income totals $2,434/mo, and annual cash flow totals $10,118/yr on $79,229 capital. ROI tracks 32.68% on current figures, and rental yield reads 12.22% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 171.98% and total cumulative return in cash sums $136,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,434/mo property income instead of your personal income.
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56093, Waseca, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,177 (100%) |
| Owner Occupied HU | 3,597 (69.5%) |
| Renter Occupied HU | 1,296 (25.0%) |
| Vacant Housing Units | 284 ( 5.5%) |
| Median Home Value | $260,201 |
| Average Home Value | $295,946 |
Housing Distribution
Address Breakdown
Residential
5,101
Single Family
4,308
Multi-Family
793
Businesses
397
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Nearby investment properties with comparable prices
Listed by: Rebecca Prescher • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6800464
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