2326 Pleason Ave NWCokatoMN55321
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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 Cokato at 2326 Pleason Ave NW, Cokato, MN, 55321 earns from $1,110/mo rent with a $1,762/mo payment. Total monthly income totals $1,110/mo. ROI tracks 8.47% on current figures, and rental yield reads 3.7% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 41.55% and total cumulative return in cash sums $49,581. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1890
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
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