24785 113th St NWZimmermanMN55398
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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 Zimmerman at 24785 113th St NW, Zimmerman, MN, 55398 earns $822/mo cash flow from $3,881/mo rent with a $2,398/mo payment. Total monthly income totals $3,881/mo, and annual cash flow totals $9,858/yr on $162,435 capital. ROI tracks 25.98% on current figures, and rental yield reads 9.5% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 135.47% and total cumulative return in cash sums $220,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,881/mo property income instead of your personal income.
Single Family
Built in 1994
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55398, Zimmerman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,944 (100%) |
| Owner Occupied HU | 5,913 (85.2%) |
| Renter Occupied HU | 760 (10.9%) |
| Vacant Housing Units | 271 ( 3.9%) |
| Median Home Value | $371,631 |
| Average Home Value | $394,857 |
Housing Distribution
Address Breakdown
Residential
6,704
Single Family
6,201
Multi-Family
503
Businesses
254
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