2200 10th Ave SWAustinMN55912
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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 Austin at 2200 10th Ave SW, Austin, MN, 55912 offers a 9.08% rental yield on a $259,500 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $1,270/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,112/yr on $86,024 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $1,675/yr while 5% annual appreciation supports $71,695 over five years. Portfolio math shows five-year ROI at 128.56% and total cumulative return in cash at $110,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $1,270/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55912, Austin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,710 (100%) |
| Owner Occupied HU | 8,151 (64.1%) |
| Renter Occupied HU | 3,642 (28.7%) |
| Vacant Housing Units | 917 ( 7.2%) |
| Median Home Value | $198,527 |
| Average Home Value | $258,502 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
10,599
Multi-Family
1,662
Businesses
835
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