341 3rd StWalnut GroveMN56180
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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 Walnut Grove at 341 3rd St, Walnut Grove, MN, 56180 generates $955/mo in rent and, after a $587/mo payment, leaves $206/mo in cash flow. Total monthly income is $955/mo, and annual cash flow is $2,472/yr on $39,780 invested. Return on cash invested sits at 26.12% in year one, and rental yield is 9.55% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 136.22% and total cumulative return in cash sums $54,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $955/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56180, Walnut Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 349 (65.4%) |
| Renter Occupied HU | 107 (20.0%) |
| Vacant Housing Units | 78 (14.6%) |
| Median Home Value | $176,250 |
| Average Home Value | $223,761 |
Housing Distribution
Address Breakdown
Residential
448
Single Family
384
Multi-Family
64
Businesses
41
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Listed by: Tara Onken • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782894