213 W North StKiesterMN56051
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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 Kiester at 213 W North St, Kiester, MN, 56051 with 5% annual appreciation on a $119,900 basis while $1,148/mo rent supports operations. Total monthly income totals $1,148/mo and a $587/mo payment preserves $399/mo for cash returns. Annual cash flow comes to $4,790/yr on $39,747 deployed, and return on cash invested reaches 31.96% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 11.49%. Five-year ROI measures 167.65% and total cumulative return in cash totals $66,636.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,148/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56051, Kiester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 229 (68.0%) |
| Renter Occupied HU | 62 (18.4%) |
| Vacant Housing Units | 46 (13.6%) |
| Median Home Value | $89,643 |
| Average Home Value | $184,410 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
125
Multi-Family
11
Businesses
30
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