302 Lois Ave SHermanMN56248
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment property for sale in Herman at 302 Lois Ave S, Herman, MN, 56248 at $138,000 posts ROI -2.68% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.68% and rental yield reads 0% at the current $138,000. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56248, Herman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 260 (66.7%) |
| Renter Occupied HU | 62 (15.9%) |
| Vacant Housing Units | 68 (17.4%) |
| Median Home Value | $259,434 |
| Average Home Value | $337,221 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
194
Multi-Family
29
Businesses
37
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices