23 Taconite DrVirginiaMN55792
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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 Virginia at 23 Taconite Dr, Virginia, MN, 55792 with 5% annual appreciation on a $147,200 basis while $1,753/mo rent supports operations. Total monthly income totals $1,753/mo and a $720/mo payment preserves $834/mo for cash returns. Annual cash flow comes to $10,011/yr on $48,797 deployed, and return on cash invested reaches 40.43% in year one. Equity gained on principal adds $950/yr, and five-year appreciation sums $40,669 alongside rental yield of 14.29%. Five-year ROI measures 213.02% and total cumulative return in cash totals $103,947.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,753/mo property income versus a $720/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55792, Virginia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,428 (100%) |
| Owner Occupied HU | 2,841 (52.3%) |
| Renter Occupied HU | 1,857 (34.2%) |
| Vacant Housing Units | 730 (13.4%) |
| Median Home Value | $172,412 |
| Average Home Value | $218,446 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
3,864
Multi-Family
961
Businesses
582
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