304 S 2nd StRoyaltonMN56373
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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
Investment property for sale in Royalton at 304 S 2nd St, Royalton, MN, 56373 earns from $1,320/mo rent with a $1,162/mo payment. Total monthly income totals $1,320/mo. ROI tracks 17.43% on current figures, and rental yield reads 6.67% at a $237,500 purchase. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 over five years. Five-year ROI reaches 89.66% and total cumulative return in cash sums $70,593. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.
Single Family
Built in 1890
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56373, Royalton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 1,005 (78.5%) |
| Renter Occupied HU | 194 (15.2%) |
| Vacant Housing Units | 81 ( 6.3%) |
| Median Home Value | $295,629 |
| Average Home Value | $342,724 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,122
Multi-Family
64
Businesses
47
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