313 N 3rd StKerkhovenMN56252
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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 Kerkhoven at 313 N 3rd St, Kerkhoven, MN, 56252 listed at $339,900 pairs $720/mo rent with a $1,664/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 4.97% in year one, and rental yield registers 2.54% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 22.82% and total cumulative return in cash totals $25,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56252, Kerkhoven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 505 (100%) |
| Owner Occupied HU | 364 (72.1%) |
| Renter Occupied HU | 96 (19.0%) |
| Vacant Housing Units | 45 ( 8.9%) |
| Median Home Value | $201,299 |
| Average Home Value | $219,787 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
279
Multi-Family
14
Businesses
37
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