308 Cedar Ave SOdessaMN56276
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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 Odessa at 308 Cedar Ave S, Odessa, MN, 56276 listed at $120,000 pairs $2,064/mo rent with a $587/mo payment to leave $1,315/mo cash flow. Total monthly income runs $2,064/mo, and annual cash flow reaches $15,780/yr on $39,780 cash to close. Return on cash invested measures 59.58% in year one, and rental yield registers 20.64% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 315.58% and total cumulative return in cash totals $125,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,064/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
0.48 Acres lot
$N/A/sqft
No HOA
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Listed by: Jonathan Hartman • Shady Oak Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6720667
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