347 Iverson LnMcGregorMN55760
Nearby investment properties with comparable rents
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 McGregor at 347 Iverson Ln, McGregor, MN, 55760 at $229,900 posts ROI 28.01% with $515/mo cash flow from $1,950/mo rent. Total monthly income equals $1,950/mo, and annual cash flow records $6,176/yr on $76,212 to close. Return on cash invested measures 28.01% and rental yield reads 10.18% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 146.39% and total cumulative return in cash totals $111,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,950/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2011
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
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