226 Quill St NEKimballMN55353
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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 Kimball at 226 Quill St NE, Kimball, MN, 55353 uses $82,842 cash to close to unlock $4,424/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $1,929/mo, and a $1,223/mo payment keeps the spread at $369/mo. Purchase price stands at $249,900, and rental yield measures 9.26% with $1,929/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash records $108,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,929/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55353, Kimball, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,482 (100%) |
| Owner Occupied HU | 1,133 (76.5%) |
| Renter Occupied HU | 172 (11.6%) |
| Vacant Housing Units | 177 (11.9%) |
| Median Home Value | $419,382 |
| Average Home Value | $489,689 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,119
Multi-Family
16
Businesses
79
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