311 State Highway 78 SOttertailMN56571
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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
Total monthly income runs $1,667/mo, and a $3,128/mo payment. Purchase price stands at $639,000, and rental yield measures 3.13% with $1,667/mo rent. Return on cash invested shows 6.8% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 32.58% and total cumulative return in cash records $68,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56571, Ottertail, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,804 (100%) |
| Owner Occupied HU | 809 (44.8%) |
| Renter Occupied HU | 125 ( 6.9%) |
| Vacant Housing Units | 870 (48.2%) |
| Median Home Value | $404,206 |
| Average Home Value | $472,951 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,105
Multi-Family
1
Businesses
69
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