401 N 15th StKerkhovenMN56252
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 Kerkhoven at 401 N 15th St, Kerkhoven, MN, 56252 earns from $1,750/mo rent with a $2,447/mo payment. Total monthly income totals $1,750/mo. ROI tracks 9.89% on current figures, and rental yield reads 4.2% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 49.2% and total cumulative return in cash sums $81,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Single Family
Built in 1997
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56252, Kerkhoven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 505 (100%) |
| Owner Occupied HU | 364 (72.1%) |
| Renter Occupied HU | 96 (19.0%) |
| Vacant Housing Units | 45 ( 8.9%) |
| Median Home Value | $201,299 |
| Average Home Value | $219,787 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
279
Multi-Family
14
Businesses
37
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Nearby investment properties with comparable prices
Listed by: Justin Paffrath • Edina Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6693326
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