271 E Sandy Beach Dr NEMiltonaMN56354
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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 Miltona at 271 E Sandy Beach Dr NE, Miltona, MN, 56354 priced at $145,000 pairs $1,404/mo rent with $498/mo cash flow after a $710/mo payment. Total monthly income equals $1,404/mo, and annual cash flow comes to $5,979/yr on $48,068 invested. Return on cash invested is 32.35% in year one, and rental yield stands at 11.62% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 169.7% and total cumulative return in cash reaches $81,572. For financing, Ziffy Mortgage’s DSCR program evaluates $1,404/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56354, Miltona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 591 (49.0%) |
| Renter Occupied HU | 71 ( 5.9%) |
| Vacant Housing Units | 545 (45.2%) |
| Median Home Value | $491,284 |
| Average Home Value | $534,615 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
38
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