301 Superior StMilroyMN56263
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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 Milroy at 301 Superior St, Milroy, MN, 56263 offers a 0% rental yield on a $219,500 purchase with $0/mo rent. 69% in year one. Equity gained on principal adds $1,416/yr while 5% annual appreciation supports $60,644 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56263, Milroy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 182 (71.1%) |
| Renter Occupied HU | 46 (18.0%) |
| Vacant Housing Units | 28 (10.9%) |
| Median Home Value | $267,647 |
| Average Home Value | $309,766 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
12
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