37313 185th AveAvonMN56310
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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 Avon at 37313 185th Ave, Avon, MN, 56310 generates $1,524/mo in rent and, after a $685/mo payment, leaves $650/mo in cash flow. Total monthly income is $1,524/mo, and annual cash flow is $7,802/yr on $46,377 invested. Return on cash invested sits at 36.73% in year one, and rental yield is 13.07% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 193.24% and total cumulative return in cash sums $89,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,524/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56310, Avon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,869 (80.6%) |
| Renter Occupied HU | 232 ( 10.0%) |
| Vacant Housing Units | 219 ( 9.4%) |
| Median Home Value | $391,537 |
| Average Home Value | $462,741 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
1,940
Multi-Family
89
Businesses
105
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