214 9th St SEGlyndonMN56547
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 Glyndon at 214 9th St SE, Glyndon, MN, 56547 offers a 9.83% rental yield on a $337,499 purchase with $2,765/mo rent. Total monthly income registers $2,765/mo, and a $1,652/mo payment leaves $657/mo available for distribution. Annual cash flow reaches $7,889/yr on $111,881 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $2,178/yr while 5% annual appreciation supports $93,245 over five years. Portfolio math shows five-year ROI at 140.75% and total cumulative return in cash at $157,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,765/mo property income against a $1,652/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.36 Acres 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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