280 4th Ave SEPlainviewMN55964
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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 Plainview at 280 4th Ave SE, Plainview, MN, 55964 uses $104,423 cash to close to unlock $573/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $2,015/mo, and a $1,542/mo payment keeps the spread at $48/mo. Purchase price stands at $315,000, and rental yield measures 7.68% with $2,015/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 105.87% and total cumulative return in cash records $110,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,015/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55964, Plainview, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,898 (100%) |
| Owner Occupied HU | 1,367 (72.0%) |
| Renter Occupied HU | 372 (19.6%) |
| Vacant Housing Units | 159 ( 8.4%) |
| Median Home Value | $265,191 |
| Average Home Value | $309,996 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,754
Multi-Family
90
Businesses
139
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