38630 Woodview LnLe CenterMN56057
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 Le Center at 38630 Woodview Ln, Le Center, MN, 56057 offers a 10.34% rental yield on a $400,000 purchase with $3,448/mo rent. Total monthly income registers $3,448/mo, and a $1,958/mo payment leaves $950/mo available for distribution. Annual cash flow reaches $11,400/yr on $132,600 to close, and return on cash invested stands at 28.51% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 149.02% and total cumulative return in cash at $197,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,448/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56057, Le Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 1,212 (73.9%) |
| Renter Occupied HU | 335 (20.4%) |
| Vacant Housing Units | 92 ( 5.6%) |
| Median Home Value | $307,576 |
| Average Home Value | $354,858 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,422
Multi-Family
163
Businesses
140
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