302 N Manyaska StSherburnMN56171
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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 Sherburn at 302 N Manyaska St, Sherburn, MN, 56171 priced at $219,000 converts $1,524/mo rent into $156/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,524/mo, and annual cash flow totals $1,876/yr on $72,599 invested. Return on cash invested prints 22.49% in year one, and rental yield reads 8.35% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 116.82% and total cumulative return in cash sums $84,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,524/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56171, Sherburn, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 564 (68.0%) |
| Renter Occupied HU | 153 (18.4%) |
| Vacant Housing Units | 113 (13.6%) |
| Median Home Value | $244,792 |
| Average Home Value | $309,916 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
548
Multi-Family
83
Businesses
53
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