220 Fremont St SLake BentonMN56149
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 Lake Benton at 220 Fremont St S, Lake Benton, MN, 56149 with 5% annual appreciation on a $141,100 basis while $1,372/mo rent supports operations. Total monthly income totals $1,372/mo and a $691/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,886/yr on $46,775 deployed, and return on cash invested reaches 32.49% in year one. Equity gained on principal adds $911/yr, and five-year appreciation sums $38,983 alongside rental yield of 11.67%. Five-year ROI measures 170.44% and total cumulative return in cash totals $79,724.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,372/mo property income versus a $691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1894
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56149, Lake Benton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 446 (60.5%) |
| Renter Occupied HU | 118 (16.0%) |
| Vacant Housing Units | 173 (23.5%) |
| Median Home Value | $220,652 |
| Average Home Value | $284,109 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
482
Multi-Family
36
Businesses
56
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