230 Hi Mae CirLester PrairieMN55354
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 Lester Prairie at 230 Hi Mae Cir, Lester Prairie, MN, 55354 at $329,900 posts ROI 21.68% with $162/mo cash flow from $2,222/mo rent. Total monthly income equals $2,222/mo, and annual cash flow records $1,940/yr on $109,362 to close. Return on cash invested measures 21.68% and rental yield reads 8.08% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 112.44% and total cumulative return in cash totals $122,967.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55354, Lester Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 878 (79.7%) |
| Renter Occupied HU | 194 (17.6%) |
| Vacant Housing Units | 29 ( 2.6%) |
| Median Home Value | $283,190 |
| Average Home Value | $334,550 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
614
Multi-Family
12
Businesses
56
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Nearby investment properties with comparable prices
Listed by: Gregory W Schmidt • Exit Northstar Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6747472