304 Liberty CirDanversMN56231
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 Danvers at 304 Liberty Cir, Danvers, MN, 56231 offers $1,661/mo rent that, after a $1,428/mo payment. Total monthly income is $1,661/mo. Return on cash invested measures 17.91% in year one, and rental yield stands at 6.83% at a $291,700 entry. Equity gained on principal adds $1,882/yr while 5% annual appreciation compounds into $80,591 by year five. Five-year ROI records 92.25% and total cumulative return in cash reaches $89,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,661/mo property income versus a $1,428/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56231, Danvers, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 124 (76.1%) |
| Renter Occupied HU | 11 ( 6.7%) |
| Vacant Housing Units | 28 (17.2%) |
| Median Home Value | $288,462 |
| Average Home Value | $358,952 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
136
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices