215 2nd Ave NWRothsayMN56579
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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 Rothsay at 215 2nd Ave NW, Rothsay, MN, 56579 priced at $127,000 converts $1,654/mo rent into $861/mo cash flow after a $622/mo obligation. Total monthly income equals $1,654/mo, and annual cash flow totals $10,327/yr on $42,101 invested. Return on cash invested prints 44.44% in year one, and rental yield reads 15.63% against a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,088 by year five. Five-year ROI reaches 234.52% and total cumulative return in cash sums $98,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,654/mo property income covering a $622/mo payment, not borrower’s personal income.
Single Family
Built in 1915
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56579, Rothsay, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 360 (78.8%) |
| Renter Occupied HU | 59 (12.9%) |
| Vacant Housing Units | 38 ( 8.3%) |
| Median Home Value | $300,000 |
| Average Home Value | $331,000 |
Housing Distribution
Address Breakdown
Residential
452
Single Family
436
Multi-Family
16
Businesses
25
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Listed by: Matthew Schroeder • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6566456
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