219 Fairmont AveSherburnMN56171
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 Sherburn at 219 Fairmont Ave, Sherburn, MN, 56171 offers $1,112/mo rent that, after a $572/mo payment, leaves $382/mo cash flow. Total monthly income is $1,112/mo, and annual cash flow is $4,586/yr on $38,752 cash. Return on cash invested measures 31.74% in year one, and rental yield stands at 11.41% at a $116,900 entry. Equity gained on principal adds $754/yr while 5% annual appreciation compounds into $32,297 by year five. Five-year ROI records 166.49% and total cumulative return in cash reaches $64,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,112/mo property income versus a $572/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56171, Sherburn, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 564 (68.0%) |
| Renter Occupied HU | 153 (18.4%) |
| Vacant Housing Units | 113 (13.6%) |
| Median Home Value | $244,792 |
| Average Home Value | $309,916 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
548
Multi-Family
83
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices