216 Juniper St SLester PrairieMN55354
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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 Lester Prairie at 216 Juniper St S, Lester Prairie, MN, 55354 listed at $265,000 pairs $1,295/mo rent with a $1,297/mo payment. Total monthly income runs $1,295/mo. Return on cash invested measures 14.99% in year one, and rental yield registers 5.86% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 76.6% and total cumulative return in cash totals $67,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,295/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1985
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55354, Lester Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 878 (79.7%) |
| Renter Occupied HU | 194 (17.6%) |
| Vacant Housing Units | 29 ( 2.6%) |
| Median Home Value | $283,190 |
| Average Home Value | $334,550 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
614
Multi-Family
12
Businesses
56
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Listed by: Michaelee Jenkins • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6773644