320 S Waterville AveLe CenterMN56057
Nearby investment properties with comparable rents
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 Le Center at 320 S Waterville Ave, Le Center, MN, 56057 with 5% annual appreciation on a $270,000 basis while $1,703/mo rent supports operations. Total monthly income totals $1,703/mo and a $1,322/mo payment preserves $17/mo for cash returns. Annual cash flow comes to $198/yr on $89,505 deployed, and return on cash invested reaches 20.13% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 7.57%. Five-year ROI measures 104.12% and total cumulative return in cash totals $93,193.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,703/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56057, Le Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 1,212 (73.9%) |
| Renter Occupied HU | 335 (20.4%) |
| Vacant Housing Units | 92 ( 5.6%) |
| Median Home Value | $307,576 |
| Average Home Value | $354,858 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,422
Multi-Family
163
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices