24352 474th LnElysianMN56028
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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
Rental property for sale in Elysian at 24352 474th Ln, Elysian, MN, 56028 generates $5,639/mo in rent and, after a $4,160/mo payment, leaves $332/mo in cash flow. Total monthly income is $5,639/mo, and annual cash flow is $3,980/yr on $279,617 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 7.96% on a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 111.32% and total cumulative return in cash sums $311,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,639/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56028, Elysian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 525 (63.0%) |
| Renter Occupied HU | 52 ( 6.2%) |
| Vacant Housing Units | 256 (30.7%) |
| Median Home Value | $423,500 |
| Average Home Value | $468,252 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
54
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