223 Maple St NLester 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
Rental property for sale in Lester Prairie at 223 Maple St N, Lester Prairie, MN, 55354 priced at $309,900 pairs $2,504/mo rent with $569/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,504/mo, and annual cash flow comes to $6,824/yr on $102,732 invested. Return on cash invested is 26.55% in year one, and rental yield stands at 9.7% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 138.54% and total cumulative return in cash reaches $142,320. For financing, Ziffy Mortgage’s DSCR program evaluates $2,504/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
10,018 sqft 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
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Listed by: Jeffrey R Campbell • CENTURY 21 Atwood
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791685