217 Franklin Ave EDelanoMN55328
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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 Delano at 217 Franklin Ave E, Delano, MN, 55328 with 5% annual appreciation on a $125,000 basis while $940/mo rent supports operations. Total monthly income totals $940/mo and a $612/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,911/yr on $41,438 deployed, and return on cash invested reaches 24.52% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.02%. Five-year ROI measures 127.75% and total cumulative return in cash totals $52,937.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $940/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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