30769 200th StUnderwoodMN56586
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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 Underwood at 30769 200th St, Underwood, MN, 56586 uses $74,588 cash to close to unlock $411/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $1,101/mo payment keeps the spread at $34/mo. Purchase price stands at $225,000, and rental yield measures 7.67% with $1,439/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.89% and total cumulative return in cash records $78,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1910
22.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56586, Underwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 809 (55.2%) |
| Renter Occupied HU | 101 ( 6.9%) |
| Vacant Housing Units | 555 (37.9%) |
| Median Home Value | $384,783 |
| Average Home Value | $447,274 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
931
Multi-Family
20
Businesses
48
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