33232 260th AveErhardMN56534
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 Erhard at 33232 260th Ave, Erhard, MN, 56534 listed at $799,900 pairs $2,251/mo rent with a $3,915/mo payment. Total monthly income runs $2,251/mo. Return on cash invested measures 7.55% in year one, and rental yield registers 3.38% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 36.61% and total cumulative return in cash totals $96,348. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,251/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
9.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56534, Erhard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 465 (70.1%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 160 (24.1%) |
| Median Home Value | $402,525 |
| Average Home Value | $426,097 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
504
Multi-Family
6
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices