306 8th St SVirginiaMN55792
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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 Virginia at 306 8th St S, Virginia, MN, 55792 generates $914/mo in rent and, after a $563/mo payment, leaves $196/mo in cash flow. Total monthly income is $914/mo, and annual cash flow is $2,349/yr on $38,123 invested. Return on cash invested sits at 26.07% in year one, and rental yield is 9.54% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 135.98% and total cumulative return in cash sums $51,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $914/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55792, Virginia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,428 (100%) |
| Owner Occupied HU | 2,841 (52.3%) |
| Renter Occupied HU | 1,857 (34.2%) |
| Vacant Housing Units | 730 (13.4%) |
| Median Home Value | $172,412 |
| Average Home Value | $218,446 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
3,864
Multi-Family
961
Businesses
582
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