309 Central Ave SGenevaMN56035
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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 Geneva at 309 Central Ave S, Geneva, MN, 56035 with 5% annual appreciation on a $290,000 basis while $1,124/mo rent supports operations. 34% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 4.65%. Five-year ROI measures 56.97% and total cumulative return in cash totals $54,772. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,124/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56035, Geneva, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 186 (80.9%) |
| Renter Occupied HU | 35 (15.2%) |
| Vacant Housing Units | 9 ( 3.9%) |
| Median Home Value | $267,241 |
| Average Home Value | $308,723 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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