390 E Main StLewistonMN55952
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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 Lewiston at 390 E Main St, Lewiston, MN, 55952 listed at $225,000 pairs $2,218/mo rent with a $1,101/mo payment to leave $813/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $9,759/yr on $74,588 cash to close. Return on cash invested measures 32.99% in year one, and rental yield registers 11.83% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 173.12% and total cumulative return in cash totals $129,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.25 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55952, Lewiston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 705 (73.9%) |
| Renter Occupied HU | 204 (21.4%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $328,750 |
| Average Home Value | $430,897 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
764
Multi-Family
84
Businesses
66
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