285 7th 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 285 7th Ave SE, Plainview, MN, 55964 listed at $519,900 pairs $3,856/mo rent with a $2,545/mo payment to leave $609/mo cash flow. Total monthly income runs $3,856/mo, and annual cash flow reaches $7,310/yr on $171,047 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 8.9% at a $519,900 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,639 by year five. Five-year ROI tracks 126.63% and total cumulative return in cash totals $216,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,856/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.33 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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