22012 Excelsior DrNevisMN56467
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 Nevis at 22012 Excelsior Dr, Nevis, MN, 56467 earns from $2,413/mo rent with a $5,134/mo payment. Total monthly income totals $2,413/mo. ROI tracks 5.76% on current figures, and rental yield reads 2.76% at a $1,049,000 purchase. Equity gained on principal adds $6,769/yr, and 5% annual appreciation supports $289,819 over five years. Five-year ROI reaches 26.95% and total cumulative return in cash sums $91,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,413/mo property income instead of your personal income.
Single Family
Built in 2004
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56467, Nevis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,670 (100%) |
| Owner Occupied HU | 1,003 (37.6%) |
| Renter Occupied HU | 135 ( 5.1%) |
| Vacant Housing Units | 1,532 (57.4%) |
| Median Home Value | $351,646 |
| Average Home Value | $395,962 |
Housing Distribution
Address Breakdown
Residential
1,280
Single Family
1,280
Multi-Family
0
Businesses
63
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Nearby investment properties with comparable prices
Listed by: Candace C Gulsvig • Affinity Real Estate Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6612185
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