217 4th Ave SEPipestoneMN56164
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 Pipestone at 217 4th Ave SE, Pipestone, MN, 56164 uses $61,328 cash to close to unlock $2,871/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $905/mo payment keeps the spread at $239/mo. Purchase price stands at $185,000, and rental yield measures 9.04% with $1,394/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash records $78,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56164, Pipestone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,625 (100%) |
| Owner Occupied HU | 1,696 (64.6%) |
| Renter Occupied HU | 645 (24.6%) |
| Vacant Housing Units | 284 (10.8%) |
| Median Home Value | $181,818 |
| Average Home Value | $210,498 |
Housing Distribution
Address Breakdown
Residential
2,591
Single Family
2,326
Multi-Family
265
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices