347 5th Ave SE #AHarmonyMN55939
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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 Harmony at 347 5th Ave SE #A, Harmony, MN, 55939 generates $0/mo in rent, after a $1,561/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.69% in year one, and rental yield is 0% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
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No similar rental properties found nearby.
Nearby investment properties with comparable prices