23531 Davenport St NEEast BethelMN55005
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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 East Bethel at 23531 Davenport St NE, East Bethel, MN, 55005 earns $815/mo cash flow from $3,344/mo rent with a $1,982/mo payment. Total monthly income totals $3,344/mo, and annual cash flow totals $9,783/yr on $134,258 capital. ROI tracks 27.2% on current figures, and rental yield reads 9.91% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Five-year ROI reaches 142.01% and total cumulative return in cash sums $190,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,344/mo property income instead of your personal income.
Single Family
Built in 1992
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55005, Bethel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,802 (100%) |
| Owner Occupied HU | 1,622 (90.0%) |
| Renter Occupied HU | 127 ( 7.0%) |
| Vacant Housing Units | 53 ( 2.9%) |
| Median Home Value | $392,890 |
| Average Home Value | $421,981 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,620
Multi-Family
171
Businesses
51
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Listed by: Stephanie T. Thorson • Dailey Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000390