300 Luella Pl NEStewartvilleMN55976
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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 Stewartville at 300 Luella Pl NE, Stewartville, MN, 55976 priced at $360,000 pairs $2,284/mo rent with $36/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,284/mo, and annual cash flow comes to $432/yr on $119,340 invested. Return on cash invested is 20.27% in year one, and rental yield stands at 7.61% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 104.84% and total cumulative return in cash reaches $125,121. For financing, Ziffy Mortgage’s DSCR program evaluates $2,284/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55976, Stewartville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,497 (100%) |
| Owner Occupied HU | 2,687 (76.8%) |
| Renter Occupied HU | 683 (19.5%) |
| Vacant Housing Units | 127 ( 3.6%) |
| Median Home Value | $394,668 |
| Average Home Value | $425,922 |
Housing Distribution
Address Breakdown
Residential
3,404
Single Family
3,119
Multi-Family
285
Businesses
183
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Listed by: Caitlyn DeCook • Property Brokers of Minnesota
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6797130