34670 Laser AveRedwood FallsMN56283
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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 Redwood Falls at 34670 Laser Ave, Redwood Falls, MN, 56283 offers a 4.11% rental yield on a $629,999 purchase with $2,158/mo rent. 78% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,057 over five years. Portfolio math shows five-year ROI at 48.55% and total cumulative return in cash at $100,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,158/mo property income against a $3,084/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56283, Redwood Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 1,951 (64.2%) |
| Renter Occupied HU | 783 (25.7%) |
| Vacant Housing Units | 307 (10.1%) |
| Median Home Value | $215,722 |
| Average Home Value | $280,286 |
Housing Distribution
Address Breakdown
Residential
2,963
Single Family
2,551
Multi-Family
412
Businesses
317
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Listed by: Kara C Prescott • Kerkhoff Auction & Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771787