310th StErhardMN56534
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 Erhard at 310th St, Erhard, MN, 56534 earns $68/mo cash flow from $1,753/mo rent with a $1,321/mo payment. Total monthly income totals $1,753/mo, and annual cash flow totals $812/yr on $89,472 capital. ROI tracks 20.82% on current figures, and rental yield reads 7.79% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 107.8% and total cumulative return in cash sums $96,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Lot
Built in N/A
61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56534, Erhard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 465 (70.1%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 160 (24.1%) |
| Median Home Value | $402,525 |
| Average Home Value | $426,097 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
504
Multi-Family
6
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Jerni A Holweg • Centennial Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6597177
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