353 Spring Day Ct NEEyotaMN55934
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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 Eyota at 353 Spring Day Ct NE, Eyota, MN, 55934 priced at $557,900 converts $2,370/mo rent into after a $2,731/mo obligation. Total monthly income equals $2,370/mo. Return on cash invested prints 12.78% in year one, and rental yield reads 5.1% against a $557,900 entry. Equity gained on principal adds $3,600/yr, while 5% annual appreciation compiles into $154,137 by year five. Five-year ROI reaches 64.64% and total cumulative return in cash sums $118,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,370/mo property income covering a $2,731/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55934, Eyota, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 1,147 (79.9%) |
| Renter Occupied HU | 227 (15.8%) |
| Vacant Housing Units | 62 ( 4.3%) |
| Median Home Value | $372,472 |
| Average Home Value | $434,355 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,075
Multi-Family
68
Businesses
63
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