401 1st StFountainMN55935
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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 Fountain at 401 1st St, Fountain, MN, 55935 offers a 11.49% rental yield on a $179,900 purchase with $1,723/mo rent. Total monthly income registers $1,723/mo, and a $881/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,190/yr on $59,637 to close, and return on cash invested stands at 31.96% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 167.63% and total cumulative return in cash at $99,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,723/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55935, Fountain, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 317 (74.6%) |
| Renter Occupied HU | 56 (13.2%) |
| Vacant Housing Units | 52 (12.2%) |
| Median Home Value | $326,852 |
| Average Home Value | $367,989 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
16
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