229 S 3rd StLe SueurMN56058
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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 Le Sueur at 229 S 3rd St, Le Sueur, MN, 56058 offers a 9.39% rental yield on a $260,000 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,273/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,920/yr on $86,190 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 133.51% and total cumulative return in cash at $115,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56058, Le Sueur, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,876 (70.6%) |
| Renter Occupied HU | 624 (23.5%) |
| Vacant Housing Units | 157 ( 5.9%) |
| Median Home Value | $317,563 |
| Average Home Value | $340,220 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,353
Multi-Family
340
Businesses
203
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