23372 140th St SEPlummerMN56748
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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 Plummer at 23372 140th St SE, Plummer, MN, 56748 earns $460/mo cash flow from $1,934/mo rent with a $1,155/mo payment. Total monthly income totals $1,934/mo, and annual cash flow totals $5,525/yr on $78,234 capital. ROI tracks 26.97% on current figures, and rental yield reads 9.83% at a $236,000 purchase. Equity gained on principal adds $1,523/yr, and 5% annual appreciation supports $65,202 over five years. Five-year ROI reaches 140.82% and total cumulative return in cash sums $110,166. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,934/mo property income instead of your personal income.
Single Family
Built in 1989
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56748, Plummer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 245 (74.7%) |
| Renter Occupied HU | 41 (12.5%) |
| Vacant Housing Units | 42 (12.8%) |
| Median Home Value | $230,729 |
| Average Home Value | $249,041 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
14
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