303 3rd StEllendaleMN56026
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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
Total monthly income runs $691/mo, and a $881/mo payment. Purchase price stands at $179,900, and rental yield measures 4.61% with $691/mo rent. Return on cash invested shows 11.2% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 56.28% and total cumulative return in cash records $33,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $691/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1901
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56026, Ellendale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 686 (74.9%) |
| Renter Occupied HU | 136 (14.8%) |
| Vacant Housing Units | 94 (10.3%) |
| Median Home Value | $306,011 |
| Average Home Value | $350,394 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
687
Multi-Family
39
Businesses
39
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