2815 Vega AveMayerMN55360
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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 Mayer at 2815 Vega Ave, Mayer, MN, 55360 offers a 6.23% rental yield on a $850,000 purchase with $4,415/mo rent. 23% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 83.16% and total cumulative return in cash at $232,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,415/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55360, Mayer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 1,107 (90.5%) |
| Renter Occupied HU | 86 ( 7.0%) |
| Vacant Housing Units | 30 ( 2.5%) |
| Median Home Value | $355,043 |
| Average Home Value | $409,779 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,170
Multi-Family
10
Businesses
56
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