39321 141st AveMontgomeryMN56069
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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 Montgomery at 39321 141st Ave, Montgomery, MN, 56069 generates $2,990/mo in rent, after a $3,549/mo payment. Total monthly income is $2,990/mo. Return on cash invested sits at 12.32% in year one, and rental yield is 4.95% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 62.22% and total cumulative return in cash sums $148,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,990/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
18.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
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Listed by: Jacob Edel • Kubes Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6780426