300 3rd St SWCokatoMN55321
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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 Cokato at 300 3rd St SW, Cokato, MN, 55321 earns $203/mo cash flow from $1,514/mo rent with a $1,028/mo payment. Total monthly income totals $1,514/mo, and annual cash flow totals $2,430/yr on $69,615 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.65% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 121.67% and total cumulative return in cash sums $84,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,514/mo property income instead of your personal income.
Single Family
Built in 1951
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
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