312 2nd Ave SENyaMN55397
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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 Nya at 312 2nd Ave SE, Nya, MN, 55397 listed at $294,900 pairs $2,423/mo rent with a $1,443/mo payment to leave $582/mo cash flow. Total monthly income runs $2,423/mo, and annual cash flow reaches $6,983/yr on $97,759 cash to close. Return on cash invested measures 27.05% in year one, and rental yield registers 9.86% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 141.21% and total cumulative return in cash totals $138,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,423/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55397, Young America, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 957 (80.2%) |
| Renter Occupied HU | 197 (16.5%) |
| Vacant Housing Units | 40 ( 3.4%) |
| Median Home Value | $354,644 |
| Average Home Value | $441,539 |
Housing Distribution
Address Breakdown
Residential
1,181
Single Family
1,073
Multi-Family
108
Businesses
20
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