2161 Old School RdMoundMN55364
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
Rental property for sale in Mound at 2161 Old School Rd, Mound, MN, 55364 offers $2,259/mo rent that, after a $1,591/mo payment. Total monthly income is $2,259/mo. Return on cash invested measures 18.14% in year one, and rental yield stands at 8.34% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 95.03% and total cumulative return in cash reaches $102,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,259/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
0.29 Acres lot
$N/A/sqft
$388 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55364, Mound, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,556 (100%) |
| Owner Occupied HU | 4,995 (76.2%) |
| Renter Occupied HU | 1,058 (16.1%) |
| Vacant Housing Units | 503 ( 7.7%) |
| Median Home Value | $619,218 |
| Average Home Value | $742,224 |
Housing Distribution
Address Breakdown
Residential
6,664
Single Family
5,915
Multi-Family
749
Businesses
270
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Listed by: Shannon Brooks • Compass
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6681245
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