3035 County Road 4 SWAlexandriaMN56308
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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 Alexandria at 3035 County Road 4 SW, Alexandria, MN, 56308 generates $3,752/mo in rent and, after a $2,887/mo payment, leaves $69/mo in cash flow. Total monthly income is $3,752/mo, and annual cash flow is $824/yr on $194,077 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 7.63% on a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 105.97% and total cumulative return in cash sums $205,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,752/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56308, Alexandria, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 8,370 (55.1%) |
| Renter Occupied HU | 3,626 (23.9%) |
| Vacant Housing Units | 3,204 (21.1%) |
| Median Home Value | $381,523 |
| Average Home Value | $429,357 |
Housing Distribution
Address Breakdown
Residential
13,430
Single Family
10,722
Multi-Family
2,708
Businesses
1,290
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Listed by: Stuart Wood • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7001467