302 Chicago AveBreckenridgeMN56520
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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 Breckenridge at 302 Chicago Ave, Breckenridge, MN, 56520 earns $274/mo cash flow from $2,209/mo rent with a $1,517/mo payment. Total monthly income totals $2,209/mo, and annual cash flow totals $3,282/yr on $102,765 capital. ROI tracks 23.1% on current figures, and rental yield reads 8.55% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash sums $123,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,209/mo property income instead of your personal income.
Single Family
Built in 2013
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56520, Breckenridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,203 (63.8%) |
| Renter Occupied HU | 531 (28.1%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,250 |
| Average Home Value | $237,835 |
Housing Distribution
Address Breakdown
Residential
1,777
Single Family
1,449
Multi-Family
328
Businesses
148
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Listed by: Rochelle Roesler, MBA • Century 21 FM Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010996