222 N Main AveForestonMN56330
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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 Foreston at 222 N Main Ave, Foreston, MN, 56330 uses $62,985 cash to close to unlock $882/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $930/mo payment keeps the spread at $74/mo. Purchase price stands at $190,000, and rental yield measures 7.96% with $1,260/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 110.46% and total cumulative return in cash records $69,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56330, Foreston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 607 (87.5%) |
| Renter Occupied HU | 51 ( 7.3%) |
| Vacant Housing Units | 36 ( 5.2%) |
| Median Home Value | $292,659 |
| Average Home Value | $330,144 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
18
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Listed by: Lori Millam • Keller Williams Integrity NW
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6601070
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