27306 289th AveUnderwoodMN56586
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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 Underwood at 27306 289th Ave, Underwood, MN, 56586 offers a 5.11% rental yield on a $399,900 purchase with $1,704/mo rent. 73% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 64.45% and total cumulative return in cash at $85,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,704/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56586, Underwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 809 (55.2%) |
| Renter Occupied HU | 101 ( 6.9%) |
| Vacant Housing Units | 555 (37.9%) |
| Median Home Value | $384,783 |
| Average Home Value | $447,274 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
931
Multi-Family
20
Businesses
48
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