220 E Christina StFairmontMN56031
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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 Fairmont at 220 E Christina St, Fairmont, MN, 56031 with 5% annual appreciation on a $286,000 basis while $2,491/mo rent supports operations. Total monthly income totals $2,491/mo and a $1,400/mo payment preserves $705/mo for cash returns. Annual cash flow comes to $8,459/yr on $94,809 deployed, and return on cash invested reaches 28.83% in year one. Equity gained on principal adds $1,846/yr, and five-year appreciation sums $79,017 alongside rental yield of 10.45%. Five-year ROI measures 150.74% and total cumulative return in cash totals $142,916.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,491/mo property income versus a $1,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56031, Fairmont, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,928 (100%) |
| Owner Occupied HU | 3,642 (61.4%) |
| Renter Occupied HU | 1,745 (29.4%) |
| Vacant Housing Units | 541 ( 9.1%) |
| Median Home Value | $198,708 |
| Average Home Value | $255,511 |
Housing Distribution
Address Breakdown
Residential
5,694
Single Family
4,818
Multi-Family
876
Businesses
565
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