282 Lincoln Ave NNew GermanyMN55367
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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 New Germany at 282 Lincoln Ave N, New Germany, MN, 55367 priced at $268,800 converts $2,389/mo rent into $634/mo cash flow after a $1,316/mo obligation. Total monthly income equals $2,389/mo, and annual cash flow totals $7,613/yr on $89,107 invested. Return on cash invested prints 28.45% in year one, and rental yield reads 10.67% against a $268,800 entry. Equity gained on principal adds $1,735/yr, while 5% annual appreciation compiles into $74,264 by year five. Five-year ROI reaches 149.13% and total cumulative return in cash sums $132,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,389/mo property income covering a $1,316/mo payment, not borrower’s personal income.
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55367, New Germany, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 339 (82.7%) |
| Renter Occupied HU | 56 (13.7%) |
| Vacant Housing Units | 15 ( 3.7%) |
| Median Home Value | $507,479 |
| Average Home Value | $537,463 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
366
Multi-Family
8
Businesses
24
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Listed by: N/A • N/A
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