339 Osen Ave #2OrtonvilleMN56278
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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 Ortonville at 339 Osen Ave #2, Ortonville, MN, 56278 uses $42,996 cash to close to unlock $2,135/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $988/mo, and a $635/mo payment keeps the spread at $178/mo. Purchase price stands at $129,700, and rental yield measures 9.14% with $988/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $35,834 over five years. Five-year ROI reaches 129.54% and total cumulative return in cash records $55,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $635/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56278, Ortonville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,537 (100%) |
| Owner Occupied HU | 817 (53.2%) |
| Renter Occupied HU | 324 (21.1%) |
| Vacant Housing Units | 396 (25.8%) |
| Median Home Value | $173,476 |
| Average Home Value | $222,632 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,135
Multi-Family
140
Businesses
189
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Listed by: N/A • N/A
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Mls ID: #N/A