217 2nd Ave NWRothsayMN56579
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 Rothsay at 217 2nd Ave NW, Rothsay, MN, 56579 priced at $130,000 pairs $1,002/mo rent with $191/mo cash flow after a $636/mo payment. Total monthly income equals $1,002/mo, and annual cash flow comes to $2,286/yr on $43,095 invested. Return on cash invested is 25.21% in year one, and rental yield stands at 9.25% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 131.41% and total cumulative return in cash reaches $56,631. For financing, Ziffy Mortgage’s DSCR program evaluates $1,002/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,492 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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