302 N Marshall StCaledoniaMN55921
Nearby investment properties with comparable rents
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
Rental property for sale in Caledonia at 302 N Marshall St, Caledonia, MN, 55921 offers $1,736/mo rent that, after a $893/mo payment, leaves $597/mo cash flow. Total monthly income is $1,736/mo, and annual cash flow is $7,160/yr on $60,499 cash. Return on cash invested measures 31.74% in year one, and rental yield stands at 11.41% at a $182,500 entry. Equity gained on principal adds $1,178/yr while 5% annual appreciation compounds into $50,421 by year five. Five-year ROI records 166.41% and total cumulative return in cash reaches $100,678. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,736/mo property income versus a $893/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Kelly Meyer • Keller Williams Premier Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6580622
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