239 E 4th StRed WingMN55066
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 Red Wing at 239 E 4th St, Red Wing, MN, 55066 at $129,900 posts ROI 26.17% with $225/mo cash flow from $1,036/mo rent. Total monthly income equals $1,036/mo, and annual cash flow records $2,696/yr on $43,062 to close. Return on cash invested measures 26.17% and rental yield reads 9.57% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 136.54% and total cumulative return in cash totals $58,795.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1850
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55066, Red Wing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,639 (100%) |
| Owner Occupied HU | 5,722 (66.2%) |
| Renter Occupied HU | 2,426 (28.1%) |
| Vacant Housing Units | 491 ( 5.7%) |
| Median Home Value | $299,791 |
| Average Home Value | $345,687 |
Housing Distribution
Address Breakdown
Residential
8,540
Single Family
6,971
Multi-Family
1,569
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lyle E. Stelter • Coldwell Banker Nybo & Assoc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6671406
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