38494 610th StSwataraMN55785
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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
Investment property for sale in Swatara at 38494 610th St, Swatara, MN, 55785 listed at $259,900 pairs $1,742/mo rent with a $1,272/mo payment to leave $119/mo cash flow. Total monthly income runs $1,742/mo, and annual cash flow reaches $1,430/yr on $86,157 cash to close. Return on cash invested measures 21.57% in year one, and rental yield registers 8.04% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 111.85% and total cumulative return in cash totals $96,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,742/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55785, Swatara, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 112 (51.6%) |
| Renter Occupied HU | 12 ( 5.5%) |
| Vacant Housing Units | 93 (42.9%) |
| Median Home Value | $237,500 |
| Average Home Value | $279,688 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
0
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Nearby investment properties with comparable prices
Listed by: Jill Larson • Headwaters Realty Services LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6566633
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