29 6th Ave SEDodge CenterMN55927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dodge Center at 29 6th Ave SE, Dodge Center, MN, 55927 generates $1,970/mo in rent and, after a $1,174/mo payment, leaves $472/mo in cash flow. Total monthly income is $1,970/mo, and annual cash flow is $5,666/yr on $79,527 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 9.85% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 141.17% and total cumulative return in cash sums $112,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,970/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Thiemann • Coldwell Banker River Valley,
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819039