216 1st St SERothsayMN56579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rothsay at 216 1st St SE, Rothsay, MN, 56579 offers a 13.88% rental yield on a $147,000 purchase with $1,700/mo rent. Total monthly income registers $1,700/mo, and a $719/mo payment leaves $783/mo available for distribution. Annual cash flow reaches $9,391/yr on $48,731 to close, and return on cash invested stands at 39.18% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 206.29% and total cumulative return in cash at $100,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
N/A 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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