257 6th St NW #NJRTVGDelanoMN55328
Nearby investment properties with comparable rents
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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 Delano at 257 6th St NW #NJRTVG, Delano, MN, 55328 earns $531/mo cash flow from $3,644/mo rent with a $2,440/mo payment. Total monthly income totals $3,644/mo, and annual cash flow totals $6,372/yr on $165,253 capital. ROI tracks 23.77% on current figures, and rental yield reads 8.77% at a $498,500 purchase. Equity gained on principal adds $3,217/yr, and 5% annual appreciation supports $137,726 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash sums $204,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,644/mo property income instead of your personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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