317 W Main StSpring ValleyMN55975
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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 Spring Valley at 317 W Main St, Spring Valley, MN, 55975 uses $59,670 cash to close to unlock $3,108/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,383/mo, and a $881/mo payment keeps the spread at $259/mo. Purchase price stands at $180,000, and rental yield measures 9.22% with $1,383/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 130.83% and total cumulative return in cash records $78,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,383/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1890
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55975, Spring Valley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,961 (100%) |
| Owner Occupied HU | 1,476 (75.3%) |
| Renter Occupied HU | 338 (17.2%) |
| Vacant Housing Units | 147 ( 7.5%) |
| Median Home Value | $244,819 |
| Average Home Value | $301,804 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,753
Multi-Family
110
Businesses
135
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Listed by: Tiffany Mundfrom • Property Brokers of Minnesota
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6776396