40 4th St NEOronocoMN55960
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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
Total monthly income runs $1,680/mo, and a $1,689/mo payment. Purchase price stands at $345,000, and rental yield measures 5.84% with $1,680/mo rent. Return on cash invested shows 14.93% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 76.24% and total cumulative return in cash records $87,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55960, Oronoco, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 1,478 (87.5%) |
| Renter Occupied HU | 128 ( 7.6%) |
| Vacant Housing Units | 83 ( 4.9%) |
| Median Home Value | $560,640 |
| Average Home Value | $590,575 |
Housing Distribution
Address Breakdown
Residential
1,381
Single Family
1,163
Multi-Family
218
Businesses
51
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