219 N Circle DrBlue EarthMN56013
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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 Blue Earth at 219 N Circle Dr, Blue Earth, MN, 56013 at $129,000 posts ROI 25.38% with $195/mo cash flow from $1,000/mo rent. Total monthly income equals $1,000/mo, and annual cash flow records $2,338/yr on $42,764 to close. Return on cash invested measures 25.38% and rental yield reads 9.3% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 132.25% and total cumulative return in cash totals $56,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56013, Blue Earth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,118 (100%) |
| Owner Occupied HU | 1,369 (64.6%) |
| Renter Occupied HU | 481 (22.7%) |
| Vacant Housing Units | 268 (12.7%) |
| Median Home Value | $185,174 |
| Average Home Value | $220,325 |
Housing Distribution
Address Breakdown
Residential
1,958
Single Family
1,758
Multi-Family
200
Businesses
242
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Listed by: LAURIE OELKE • Olson Nelson Realty
Mls Name: RASM
Mls ID: #7039313