400 S German StNew UlmMN56073
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 New Ulm at 400 S German St, New Ulm, MN, 56073 at $369,900 posts ROI 23.41% with $358/mo cash flow from $2,778/mo rent. Total monthly income equals $2,778/mo, and annual cash flow records $4,296/yr on $122,622 to close. Return on cash invested measures 23.41% and rental yield reads 9.01% at the current $369,900. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 by year five. Five-year ROI prints 122.08% and total cumulative return in cash totals $149,698.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,778/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56073, New Ulm, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,755 (100%) |
| Owner Occupied HU | 5,599 (72.2%) |
| Renter Occupied HU | 1,724 (22.2%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $237,607 |
| Average Home Value | $276,836 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
6,236
Multi-Family
1,327
Businesses
600
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Nearby investment properties with comparable prices
Listed by: Jennifer Otte • New Ulm Real Estate LLC
Mls Name: RASM
Mls Provider:
Mls ID: #7037476
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-05-19 09:52:51 PDT