242 Oak StBreckenridgeMN56520
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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 Breckenridge at 242 Oak St, Breckenridge, MN, 56520 earns $227/mo cash flow from $1,282/mo rent with a $827/mo payment. Total monthly income totals $1,282/mo, and annual cash flow totals $2,722/yr on $56,024 capital. ROI tracks 24.77% on current figures, and rental yield reads 9.1% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 128.96% and total cumulative return in cash sums $72,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,282/mo property income instead of your personal income.
Single Family
Built in 1950
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56520, Breckenridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,203 (63.8%) |
| Renter Occupied HU | 531 (28.1%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,250 |
| Average Home Value | $237,835 |
Housing Distribution
Address Breakdown
Residential
1,777
Single Family
1,449
Multi-Family
328
Businesses
148
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Listed by: Lisa Mauch • Miller Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767376