402 2nd Ave SENyaMN55397
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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
Investment property for sale in Nya at 402 2nd Ave SE, Nya, MN, 55397 earns $744/mo cash flow from $3,270/mo rent with a $1,786/mo payment. Total monthly income totals $3,270/mo, and annual cash flow totals $8,928/yr on $120,998 capital. ROI tracks 27.29% on current figures, and rental yield reads 10.75% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 143.35% and total cumulative return in cash sums $173,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,270/mo property income instead of your personal income.
Single Family
Built in 1912
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55397, Young America, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 957 (80.2%) |
| Renter Occupied HU | 197 (16.5%) |
| Vacant Housing Units | 40 ( 3.4%) |
| Median Home Value | $354,644 |
| Average Home Value | $441,539 |
Housing Distribution
Address Breakdown
Residential
1,181
Single Family
1,073
Multi-Family
108
Businesses
20
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Listed by: Christopher Broz • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6760549
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