301 W Broadway AveElizabethMN56533
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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
Rental property for sale in Elizabeth at 301 W Broadway Ave, Elizabeth, MN, 56533 priced at $160,000 pairs $1,199/mo rent with $200/mo cash flow after a $783/mo payment. Total monthly income equals $1,199/mo, and annual cash flow comes to $2,400/yr on $53,040 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 8.99% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 127.15% and total cumulative return in cash reaches $67,442. For financing, Ziffy Mortgage’s DSCR program evaluates $1,199/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56533, Elizabeth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 153 (100%) |
| Owner Occupied HU | 119 (77.8%) |
| Renter Occupied HU | 14 ( 9.2%) |
| Vacant Housing Units | 20 (13.1%) |
| Median Home Value | $351,923 |
| Average Home Value | $529,559 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
5
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