227 South AveBoydMN56218
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Boyd at 227 South Ave, Boyd, MN, 56218 priced at $139,500 pairs $0/mo rent with after a $683/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.7% in year one, and rental yield stands at 0% on a $139,500 basis. Equity gained on principal adds $900/yr, and 5% annual appreciation accumulates to $38,541 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $683/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56218, Boyd, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 188 (72.6%) |
| Renter Occupied HU | 20 ( 7.7%) |
| Vacant Housing Units | 51 (19.7%) |
| Median Home Value | $328,571 |
| Average Home Value | $365,479 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices