306 S Burr Oak StRushfordMN55971
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 Rushford at 306 S Burr Oak St, Rushford, MN, 55971 priced at $279,900 converts $2,311/mo rent into $563/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,311/mo, and annual cash flow totals $6,758/yr on $92,787 invested. Return on cash invested prints 27.19% in year one, and rental yield reads 9.91% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 142.02% and total cumulative return in cash sums $131,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,311/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55971, Rushford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 968 (73.6%) |
| Renter Occupied HU | 249 (18.9%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $247,015 |
| Average Home Value | $341,180 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,115
Multi-Family
36
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices