213 Partridge Ave SGlyndonMN56547
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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 Glyndon at 213 Partridge Ave S, Glyndon, MN, 56547 priced at $125,000 converts $963/mo rent into $182/mo cash flow after a $612/mo obligation. Total monthly income equals $963/mo, and annual cash flow totals $2,187/yr on $41,438 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 9.24% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 131.34% and total cumulative return in cash sums $54,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $963/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1918
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56547, Glyndon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 873 (83.7%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 68 ( 6.5%) |
| Median Home Value | $354,390 |
| Average Home Value | $444,227 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
890
Multi-Family
29
Businesses
61
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