340 21st Ave SWCambridgeMN55008
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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
Rental property for sale in Cambridge at 340 21st Ave SW, Cambridge, MN, 55008 generates $2,965/mo in rent and, after a $1,463/mo payment, leaves $1,098/mo in cash flow. Total monthly income is $2,965/mo, and annual cash flow is $13,180/yr on $99,119 invested. Return on cash invested sits at 33.21% in year one, and rental yield is 11.9% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 174.24% and total cumulative return in cash sums $172,702. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,965/mo property income rather than buyer’s personal income.
Townhouse
Built in 2022
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55008, Cambridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,254 (72.1%) |
| Renter Occupied HU | 1,654 (22.7%) |
| Vacant Housing Units | 379 ( 5.2%) |
| Median Home Value | $318,249 |
| Average Home Value | $362,902 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
6,167
Multi-Family
1,095
Businesses
587
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