2207 Hope AveLester PrairieMN55354
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 Lester Prairie at 2207 Hope Ave, Lester Prairie, MN, 55354 at $279,900 posts ROI 15.62% with from $1,508/mo rent. Total monthly income equals $1,508/mo. Return on cash invested measures 15.62% and rental yield reads 6.47% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 80.37% and total cumulative return in cash totals $74,569. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55354, Lester Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 878 (79.7%) |
| Renter Occupied HU | 194 (17.6%) |
| Vacant Housing Units | 29 ( 2.6%) |
| Median Home Value | $283,190 |
| Average Home Value | $334,550 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
614
Multi-Family
12
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri M Danielson • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6689081
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