223 S Oak StNyaMN55368
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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 Nya at 223 S Oak St, Nya, MN, 55368 priced at $269,000 converts $1,890/mo rent into $210/mo cash flow after a $1,317/mo obligation. Total monthly income equals $1,890/mo, and annual cash flow totals $2,518/yr on $89,174 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 8.43% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 118.06% and total cumulative return in cash sums $105,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1890
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55368, Norwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 630 (65.1%) |
| Renter Occupied HU | 288 (29.8%) |
| Vacant Housing Units | 49 ( 5.1%) |
| Median Home Value | $391,241 |
| Average Home Value | $514,389 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
749
Multi-Family
186
Businesses
108
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