307 S Main StSherburnMN56171
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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 Sherburn at 307 S Main St, Sherburn, MN, 56171 generates $0/mo in rent, after a $587/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.7% in year one, and rental yield is 0% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56171, Sherburn, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 564 (68.0%) |
| Renter Occupied HU | 153 (18.4%) |
| Vacant Housing Units | 113 (13.6%) |
| Median Home Value | $244,792 |
| Average Home Value | $309,916 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
548
Multi-Family
83
Businesses
53
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No similar rental properties found nearby.
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