308 S 11th StMontevideoMN56265
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
Investment property for sale in Montevideo at 308 S 11th St, Montevideo, MN, 56265 earns $459/mo cash flow from $1,302/mo rent with a $661/mo payment. Total monthly income totals $1,302/mo, and annual cash flow totals $5,505/yr on $44,753 capital. ROI tracks 32.21% on current figures, and rental yield reads 11.57% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 168.93% and total cumulative return in cash sums $75,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,302/mo property income instead of your personal income.
Single Family
Built in 1900
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivadel Nivek • Keller Williams Select Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6800382