34615 Skunk Hollow AveCannon FallsMN55009
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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 Cannon Falls at 34615 Skunk Hollow Ave, Cannon Falls, MN, 55009 listed at $595,000 pairs $3,000/mo rent with a $2,912/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 15.68% in year one, and rental yield registers 6.05% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 80.18% and total cumulative return in cash totals $156,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55009, Cannon Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,726 (74.7%) |
| Renter Occupied HU | 725 (19.9%) |
| Vacant Housing Units | 199 ( 5.5%) |
| Median Home Value | $379,935 |
| Average Home Value | $421,616 |
Housing Distribution
Address Breakdown
Residential
3,538
Single Family
3,176
Multi-Family
362
Businesses
279
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Listed by: Jennifer A Jacobson • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813025