228 Oak StBreckenridgeMN56520
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
Investment property for sale in Breckenridge at 228 Oak St, Breckenridge, MN, 56520 at $159,000 posts ROI 30.64% with $471/mo cash flow from $1,464/mo rent. Total monthly income equals $1,464/mo, and annual cash flow records $5,656/yr on $52,709 to close. Return on cash invested measures 30.64% and rental yield reads 11.05% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 160.5% and total cumulative return in cash totals $84,600.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,464/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56520, Breckenridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,203 (63.8%) |
| Renter Occupied HU | 531 (28.1%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,250 |
| Average Home Value | $237,835 |
Housing Distribution
Address Breakdown
Residential
1,777
Single Family
1,449
Multi-Family
328
Businesses
148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Blauert • Krabbenhoft Real Estate Team
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6719017
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