313 E 4th StBlue EarthMN56013
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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 Blue Earth at 313 E 4th St, Blue Earth, MN, 56013 offers a 9.66% rental yield on a $199,900 purchase with $1,610/mo rent. Total monthly income registers $1,610/mo, and a $978/mo payment leaves $362/mo available for distribution. Annual cash flow reaches $4,346/yr on $66,267 to close, and return on cash invested stands at 26.47% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 138.15% and total cumulative return in cash at $91,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,610/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
10,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56013, Blue Earth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,118 (100%) |
| Owner Occupied HU | 1,369 (64.6%) |
| Renter Occupied HU | 481 (22.7%) |
| Vacant Housing Units | 268 (12.7%) |
| Median Home Value | $185,174 |
| Average Home Value | $220,325 |
Housing Distribution
Address Breakdown
Residential
1,958
Single Family
1,758
Multi-Family
200
Businesses
242
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Listed by: Kendal Skaare • Olson Nelson Realty
Mls Name: RASM
Mls Provider:
Mls ID: #7037677
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-10-13 22:22:36 PDT