28503 Ottawa DrBrowervilleMN56438
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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 Browerville at 28503 Ottawa Dr, Browerville, MN, 56438 uses $105,749 cash to close to unlock $7,300/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $2,600/mo, and a $1,561/mo payment keeps the spread at $608/mo. Purchase price stands at $319,000, and rental yield measures 9.78% with $2,600/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash records $148,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,600/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56438, Browerville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,474 (100%) |
| Owner Occupied HU | 962 (65.3%) |
| Renter Occupied HU | 215 (14.6%) |
| Vacant Housing Units | 297 (20.1%) |
| Median Home Value | $247,810 |
| Average Home Value | $279,891 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
953
Multi-Family
54
Businesses
39
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Listed by: Christopher B Sutton • Century 21 First Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6812148