261 15th Ln NEBensonMN56215
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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 Benson at 261 15th Ln NE, Benson, MN, 56215 generates $1,796/mo in rent and, after a $1,052/mo payment, leaves $454/mo in cash flow. Total monthly income is $1,796/mo, and annual cash flow is $5,445/yr on $71,273 invested. Return on cash invested sits at 27.55% in year one, and rental yield is 10.02% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 143.89% and total cumulative return in cash sums $102,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56215, Benson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,363 (61.6%) |
| Renter Occupied HU | 618 (27.9%) |
| Vacant Housing Units | 233 (10.5%) |
| Median Home Value | $214,098 |
| Average Home Value | $282,964 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,854
Multi-Family
260
Businesses
207
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