313 11th St SBensonMN56215
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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 Benson at 313 11th St S, Benson, MN, 56215 uses $53,007 cash to close to unlock $3,242/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $783/mo payment keeps the spread at $270/mo. Purchase price stands at $159,900, and rental yield measures 9.52% with $1,269/mo rent. Return on cash invested shows 26.02% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 135.78% and total cumulative return in cash records $71,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1938
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56215, Benson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,363 (61.6%) |
| Renter Occupied HU | 618 (27.9%) |
| Vacant Housing Units | 233 (10.5%) |
| Median Home Value | $214,098 |
| Average Home Value | $282,964 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,854
Multi-Family
260
Businesses
207
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